I thought historically we received about 85-90% of the LME price. Seems that correlation started to break down a bit last quarterly, with Chinese NPI lagging the LME price. Has anyone got a series for the NPI we receive? The only thing I can find needs a subscription to view historical price movements...
Anyway NIC is still wildly undervalued imho
I thought historically we received about 85-90% of the LME...
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Last
82.8¢ |
Change
0.018(2.16%) |
Mkt cap ! $3.525B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 81.8¢ | $1.459M | 1.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 168180 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 194288 | 27 |
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| Last trade - 14.24pm 09/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |