I have seen some research from a large global bank which refers to an inventory-price model they have for nickel. It suggests the nickel price should be around USD25,000 per tonne. This combined with the recent tick up in LME warehouse stocks pushed me to sell my MRE today. I could be wrong as potential takeover talk keeps this stock strong but the numbers are just to overwhelming to ignore (I think)
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Last
$1.97 |
Change
-0.010(0.51%) |
Mkt cap ! $298.2M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.97 | $187.2K | 94.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50000 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 9560 | 2 |
View Market Depth
| Last trade - 13.23pm 15/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |