NIC 2.37% 82.5¢ nickel industries limited

Absolutely. Alternative funding will be required, all else being...

  1. 1,866 Posts.
    lightbulb Created with Sketch. 141
    Absolutely. Alternative funding will be required, all else being equal. Owing to neg cash flows and/or cash margins they wont be able to source debt so they'll need a CR as previously mentioned.

    The real pain is going to be felt next qtr if prices remain where they are. I cant see how they'll generate more that $70M in ebitda this qtr. I think the SP will most likely retrace back to $0.60 or around it if they cut divs.
 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
(20min delay)
Last
82.5¢
Change
-0.020(2.37%)
Mkt cap ! $3.535B
Open High Low Value Volume
83.5¢ 84.0¢ 82.0¢ $3.944M 4.763M

Buyers (Bids)

No. Vol. Price($)
4 61236 82.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 100000 1
View Market Depth
Last trade - 16.10pm 28/08/2024 (20 minute delay) ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.