Nickel on LME is getting brutalised. I can't see this being positive for NIC in the short or potentially medium term. Hold onto your hats people, I expect things to get ugly!
*I have no deeper insight into WHY the LME nickel prices are down so much. I'm just a spectator. But it doesn't bode well for NIC. :-(
NIC is still my largest holding but I have sold and realised losses recently to reduce my exposure.
News: NIC Nickel Industries Says Revised Terms Agreed For Dawn HPAL+ Project, page-20
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Last
88.0¢ |
Change
-0.040(4.35%) |
Mkt cap ! $3.942B | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 89.5¢ | 87.8¢ | $2.167M | 2.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 121091 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 128007 | 16 |
View Market Depth
| Last trade - 10.34am 12/06/2024 (20 minute delay) ? |
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Last
86.0¢ |
Change
-0.040 ( 6.60 %) |
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| Open | High | Low | Volume | ||
| 91.0¢ | 91.0¢ | 85.8¢ | 686337 | ||
| Last updated 10.52am 12/06/2024 ? | |||||
| NIC (ASX) Chart |