I have been waiting to jump onto this stock because the potential growth of this stock far outweighs any Nickel stock in Australia.
Of recent times we have seen Nickel prices rise where a 20C nickel value is worth more than the face value of the coin so clearly the price was not sustainable, so we now have a receding Nickel Price falling at no more 15% a day but there is a point where there will be an inflection point where the dropping Nickel price will become too valuable and correct.
I personally think we will see price get below $18K a tonne US (as markets inherently over correct) and that will be a buy signal for me.
I would nice to load up at below $1.10 a share, but for the life of me, why would you buy now knowing Nickel prices are falling?
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Catching the falling Nickel price
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Mkt cap ! $4.071B |
Open | High | Low | Value | Volume |
94.5¢ | 95.0¢ | 93.5¢ | $5.222M | 5.541M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1134 | 94.5¢ |
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3 | 48870 | 0.930 |
4 | 88897 | 0.925 |
1 | 26692 | 0.920 |
1 | 26692 | 0.915 |
Price($) | Vol. | No. |
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0.950 | 73205 | 4 |
0.955 | 49150 | 4 |
0.960 | 261506 | 9 |
0.965 | 70094 | 4 |
0.970 | 132940 | 9 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Change
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Open | High | Low | Volume | ||
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