NIC 1.20% 84.5¢ nickel industries limited

At a market cap of $2.66B, page-2

  1. 100 Posts.
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    I think a few people have pointed out that while we are growing the production the profits have been a bit underwealming especially to fund future growth and pay those high interest loans. Unless there is a rally in nickel / npi/ matt, the next 2 years might have us treading water. I do believe that profit and cash holdings will drive the share price higher once the growth projects are done and we stop issuing more shares. I guess the question is do you hold for 2 years with possibly no gains or sell and come back after the last capital raise. Personally i'm leaning towards topping up n the mid 80's as i believe it will be a cash cow or taken over in the next 4 years ( has the ev boom hits full tilt ). These are in my SMSF so unfranked dividends or big capital gain are not a big issue 15% tax on income, 15-10% capital gains tax. cheers
 
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Last
84.5¢
Change
0.010(1.20%)
Mkt cap ! $3.621B
Open High Low Value Volume
85.0¢ 85.8¢ 84.0¢ $2.137M 2.519M

Buyers (Bids)

No. Vol. Price($)
3 38797 84.5¢
 

Sellers (Offers)

Price($) Vol. No.
85.0¢ 2049 2
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Last trade - 16.10pm 27/08/2024 (20 minute delay) ?
NIC (ASX) Chart
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