The broker has significantly increased nickel price forecasts resulting in massive profit upgrades for unhedged MRE. 2006 is up 56%, 2007 up 60% and 2008 up 97%, with longer dated increases as well. MRE still appears cheap, the broker says.
Target price is $3.90
The broker has significantly increased nickel price forecasts...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.98 |
Change
0.000(0.00%) |
Mkt cap ! $299.8M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.97 | $450.3K | 228.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 471332 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 17582 | 2 |
View Market Depth
| Last trade - 15.58pm 15/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |