re: nickel price dropping..marginal producer now Inco CEO says nickel prices have not peaked
TORONTO, Oct 11 (Reuters) - Inco Ltd.'s (N.TO: Quote, Profile, Research) chief executive said on Tuesday nickel prices could head higher given the sharp global demand.
"Nickel has not peaked," Inco chief executive Scott Hand said in a press conference to discuss Inco's takeover offer for rival Falconbridge Ltd. (FALlv.TO: Quote, Profile, Research).
Earlier, Inco said it would buy rival Falconbridge for more than C$12 billion ($10 billion), trumping an effort by Swiss-based Xstrata Plc (XTA.L: Quote, Profile, Research) to take over the Canadian nickel and copper producer.
($1=$1.18 Canadian)
- Forums
- ASX - By Stock
- serious sellers
re: nickel price dropping..marginal producer now Inco CEO says...
Featured News
Add AUZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.789M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $14.90K | 2.029M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 19968401 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4221838 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 19968401 | 0.007 |
25 | 44051724 | 0.006 |
14 | 10545199 | 0.005 |
10 | 56105000 | 0.004 |
3 | 2400001 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 4221838 | 10 |
0.009 | 5754623 | 17 |
0.010 | 2988832 | 19 |
0.011 | 1762799 | 12 |
0.012 | 4297167 | 7 |
Last trade - 15.22pm 19/08/2024 (20 minute delay) ? |
Featured News
AUZ (ASX) Chart |