NIC 0.00% 84.0¢ nickel industries limited

Do remember the cash flow is at 100% basis. NIC is around 75% of...

  1. 114 Posts.
    lightbulb Created with Sketch. 9
    Do remember the cash flow is at 100% basis. NIC is around 75% of that number. So in cash and inventories that’s around $252million.

    This quarter in near figures of owning 75% earnings are $33 million. Now that’s a frighteningly low number. Annualised that at $130 million.

    Price that at PE 10 company worth $1.3 billion. Significantly lower that current $2 billion.

    It is currently trading at PE 7.62 so that’s $0.99 billion. 50% lower than current price.

    Do note mine profit dropped from $18 million previous quarter to $10million with no real explanation.


    Obviously I’ve missed where the $100 million from the share equity raise went. The one that wa filed a month late.
 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
(20min delay)
Last
84.0¢
Change
0.000(0.00%)
Mkt cap ! $3.600B
Open High Low Value Volume
85.5¢ 85.5¢ 83.0¢ $4.452M 5.282M

Buyers (Bids)

No. Vol. Price($)
4 107126 83.5¢
 

Sellers (Offers)

Price($) Vol. No.
84.5¢ 304897 7
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.