Hi
sold out earlier in fear of this to happen.
Simply explained future production increase is not enough to counterbalance cost rising and price of NPI dropping.
The matte production possibly was already priced in and also till profitability and quantity number are not shown, is a non event...
Sp looks in a down trend till it find a reasonable support level. Long term trend see this in the 55ish, 0.786 Fib support ?!
Dyor
https://tvc-invdn-com.investing.com/data/tvc_60a7ea4d87f2975c5322616ce48a586a.png
Ann: HNI Commences Transition to Nickel Matte Production, page-15
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Last
90.5¢ |
Change
0.015(1.69%) |
Mkt cap ! $3.882B | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 91.0¢ | 88.5¢ | $3.270M | 3.635M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51360 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 219177 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NIC (ASX) Chart |