ASX 0.79% $58.52 asx limited

nickel: an unhappy commodity

  1. 607 Posts.
    lightbulb Created with Sketch. 30
    The price of nickel has plunged around $5000 us/t recently. This means the speculative end of town cannot commercially produce many small mines due to the price plunge. This is all obvious, however, with the bigger players, EG WMR, MCR, JBM can people still see value in this sector at current prices?

    Personally i like JBM for its size, and FF divi, but at the smaller end, is there any value in EG, AUZ, IGO, WSA etc?

    Any one prepared to place any big bets also to the US price of Ni in the next 6 months?
 
watchlist Created with Sketch. Add ASX (ASX) to my watchlist
(20min delay)
Last
$58.52
Change
0.460(0.79%)
Mkt cap ! $11.34B
Open High Low Value Volume
$58.31 $58.95 $58.14 $17.51M 299.4K

Buyers (Bids)

No. Vol. Price($)
1 139 $58.52
 

Sellers (Offers)

Price($) Vol. No.
$58.53 474 1
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.