This company would give any CFO a heart attack. I don't know how Chris Shepherd is keeping it together.
NIC is taking on a huge amount of capital risk here. It all boils down to their NPI margins. This needs to fund the recently refinanced debt load plus the ~$600M in new debt that will need to be issued for DAWN/ENC.
JW/CS must be confident that margins are going to recover with the additional tonnes coming from the RKEF lines.
Ann: Share Placement and Collaboration Agreement, ENC Expansion, page-19
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Last
82.5¢ |
Change
-0.030(3.51%) |
Mkt cap ! $3.535B | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 85.5¢ | 81.5¢ | $51.68M | 62.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1989834 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 821633 | 9 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NIC (ASX) Chart |