NIC is raising CR from sophisticated investors and SPP as well. End price will depend on what they bid, which i think it will be around $1.2.. since it is over US225m, SP will stuck at $1.2 for sometimes. NIC is going to be top nickle producer with more acquisition but the problem is the country where it operates. The company has risk of Indonesia nationalising resource sector, corruption and/or ban on mining.
cap raise, page-13
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Last
82.0¢ |
Change
0.020(2.50%) |
Mkt cap ! $3.503B | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 82.5¢ | 77.5¢ | $6.056M | 7.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 73094 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 267301 | 39 |
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| Last trade - 14.34pm 04/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |