NIC 0.61% 82.0¢ nickel industries limited

I can’t understand this one. Nickel price providing nice margin,...

  1. 190 Posts.
    lightbulb Created with Sketch. 65
    I can’t understand this one. Nickel price providing nice margin, management have hit their milestones to date, highly liquid, market cap large enough to accomodate insto’s taking positions.

    why is NIC so low? Yes you need a discount factor for sole customer/China and sovereign risk of doing business in Indo but jeez surely not a 40% discount to intrinsic value?

    Guess we just have to continue to accumulate until she rockets.

    I look forward to their update on the other opportunities being explored for further growth.
 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
(20min delay)
Last
82.0¢
Change
-0.005(0.61%)
Mkt cap ! $3.514B
Open High Low Value Volume
82.5¢ 84.5¢ 81.8¢ $2.873M 3.469M

Buyers (Bids)

No. Vol. Price($)
13 180951 82.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 105428 4
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.