The analysts got just as starry-eyed as everyone else, plus a dose of FOMO saw them invest deeply.
Some brokers out there are definitely not the cream of the crop.
Those spruiking the 'end to the nickel crisis' need to ask themselves why companies have taken the huge decision to mothball mines. This is not a short-term response. I don't think the WA nickel market is coming good any time soon. Besides, there is SFA nickel in Gonneville 'ore'. It is all about Palladium.
CHN chart, page-7013
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 (20min delay)
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Last
$1.66 |
Change
0.070(4.42%) |
Mkt cap ! $643.7M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.66 | $1.59 | $3.291M | 2.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 25444 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 137389 | 8 |
View Market Depth
| Last trade - 13.43pm 07/06/2024 (20 minute delay) ? |
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Last
$1.66 |
Change
0.070 ( 5.09 %) |
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| Open | High | Low | Volume | ||
| $1.59 | $1.67 | $1.59 | 271081 | ||
| Last updated 14.03pm 07/06/2024 ? | |||||
| CHN (ASX) Chart |