NIC 0.00% 95.0¢ nickel industries limited

Catching the falling Nickel price

  1. 3,983 Posts.
    lightbulb Created with Sketch. 91
    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?
 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
(20min delay)
Last
95.0¢
Change
0.000(0.00%)
Mkt cap ! $4.071B
Open High Low Value Volume
94.5¢ 95.0¢ 93.5¢ $5.222M 5.541M

Buyers (Bids)

No. Vol. Price($)
1 1134 94.5¢
 

Sellers (Offers)

Price($) Vol. No.
95.0¢ 237431 18
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
94.0¢
  Change
0.000 ( 0.63 %)
Open High Low Volume
94.5¢ 94.5¢ 93.5¢ 2404555
Last updated 15.59pm 03/05/2024 ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.