NIC 0.89% 85.3¢ nickel industries limited

NIC - General discussion, page-770

  1. 2,480 Posts.
    lightbulb Created with Sketch. 297
    It doesn't really matter if they sanction Russian Nickel or not as they can just
    sell it straight to China as they did during the start of the war.
    Nickel went up as the CEO of Canada Nickel advised a restocking after
    the Chinese New Year. I agree with him on this. But still I think it will be a
    short live rally until production cease from the likes of Nickel west, Ravensthorpe and
    Koniambo. Combine this 3 produces over 130,000 t/year.
    More important is the NPI producers, most Chinese mainland NPI producers could have
    shut down now. Maybe some producers in Indonesia as well with higher costs.
    But looking next week, i hope this rally in the sp is not a false one as someone suggested.
    A positive Whole year report will support it. Cheers CCD


 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
(20min delay)
Last
85.3¢
Change
0.008(0.89%)
Mkt cap ! $3.600B
Open High Low Value Volume
84.5¢ 85.5¢ 83.5¢ $1.522M 1.801M

Buyers (Bids)

No. Vol. Price($)
27 84637 85.0¢
 

Sellers (Offers)

Price($) Vol. No.
85.5¢ 159633 29
View Market Depth
Last trade - 12.08pm 19/06/2024 (20 minute delay) ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.