Why the SP has been sold off so much?
The company is profitable.
The company pays a healthy dividend.
Directors have been buying.
Yes, nickel has come off the boil somewhat but the market seems to have over reacted in this instance.
Sure does make you wonder...
For those that are interested a hammer candle was formed yesterday. This is a bullish indicator. Another hammer was formed on the 11/6/2008. This would indicate that we are at the bottom IMHO.
Cheers
Quik.
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Last
$1.98 |
Change
-0.005(0.25%) |
Mkt cap ! $299.8M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.96 | $148.3K | 75.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4493 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 70081 | 4 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |