Don't get me wrong. I believe a pretty rapid acceptance of electric vehicles is coming. Hell, I have a measly Bolt and even that is enough to convince me to never go ICE again. I think battery manufacturing capacity is holding things back more than the demand for the end product, but plenty of battery factories are in the works.
I think nickel will be more recession proof than metals normally are, but that doesn't mean a major recession wont slow things down a little bit. I guess whether you consider that a risk depends on your investment horizon. For me the nickel price drawing back to $6 or a little under temporarily is not a concern.
ARL chart, page-1995
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Last
43.0¢ |
Change
-0.010(2.27%) |
Mkt cap ! $85.86M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 43.0¢ | $4.32K | 9.921K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21138 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 52626 | 4 |
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| Last trade - 15.49pm 30/08/2024 (20 minute delay) ? |
| ARL (ASX) Chart |