With a election in Indonesian next week and some differences to the current Joko government I think they are pricing in this risk.
How genuinely relevant it is who knows? I have read a few articles with some saying some candidates favor USA of China.
I doubt they will unwind the whole thing even with the most pro USA candidate winning. I would expect just the nickel or at least some of it will go to the USA not China?
I think this stock is cheap. I am surprised to see it where it is I seriously thought close to $1 this week, well I am wrong.
But I will hold, value it is at this price. Too much upside potential. Even with peps like Twiggy calling our "splendid nickel" dirty.
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NIC
nickel industries limited
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74.0¢

With a election in Indonesian next week and some differences to...
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Last
74.0¢ |
Change
0.010(1.37%) |
Mkt cap ! $3.212B |
Open | High | Low | Value | Volume |
73.5¢ | 75.3¢ | 73.3¢ | $3.264M | 4.393M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 179512 | 73.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.5¢ | 40540 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.735 |
4 | 67300 | 0.730 |
11 | 109028 | 0.720 |
12 | 107531 | 0.715 |
6 | 8692 | 0.710 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 100000 | 1 |
0.760 | 744952 | 8 |
0.765 | 6559 | 1 |
0.770 | 237277 | 4 |
0.780 | 98700 | 6 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
NIC (ASX) Chart |