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.
With a election in Indonesian next week and some differences to...
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Last
82.0¢ |
Change
0.020(2.50%) |
Mkt cap ! $3.503B | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 82.0¢ | 77.5¢ | $5.641M | 7.046M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 200396 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 132350 | 42 |
View Market Depth
| Last trade - 14.04pm 04/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |