The IMIP has 52 lines (8 under construction) and the IWIP is planning a total of 52 lines as well. Tsingshan selling 8 lines is hardly a cause for concern imo.
Personally, I am focusing on the trend in the NPI price compared to reasonably stable nickel ore and electricity costs, and the effect this will have on NICs profits.
NIC - Chart Thread, page-167
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Last
82.5¢ |
Change
-0.005(0.60%) |
Mkt cap ! $3.535B | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 83.5¢ | 81.5¢ | $4.298M | 5.203M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 62606 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 2218 | 2 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |