NIC 0.31% 81.8¢ nickel industries limited

The market does not understand Nickel Industries, page-17

  1. 13 Posts.
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    Doubt Hong Kong ex make a difference, look ay YAL, trading on 1-2PE lol.. NIC gotta be one of the best value stocks on asx atm, CEO buying 500k here recently. skin in the game, divs paying 7.35% here with plenty of growth potential and some heavy hitting partners. UT buy-in $1.10.. Nic in a very good spot here, will outlast the competition. Sooner the better with ENC expansion, always options to sell down some of its 55% stake. We just have to wait it out.. see where we are in 5yrs..

    - Low labour costs,
    - Low energy costs with solar farm etc.
    - Indo govt tax breaks 15yrs
    - Trading below NTA 71c

    Starting to diversify customer base with glencore now. Chinas steel mills ramp up on any any stimulas and nickel price could move sooner than later..

    Goodluck holders

    DYOR
    Last edited by Run Hard Donkey: 07/02/24
 
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Last
81.8¢
Change
0.003(0.31%)
Mkt cap ! $3.492B
Open High Low Value Volume
80.5¢ 82.0¢ 80.3¢ $738.7K 910.6K

Buyers (Bids)

No. Vol. Price($)
27 56100 81.5¢
 

Sellers (Offers)

Price($) Vol. No.
82.0¢ 170390 18
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Last trade - 10.34am 26/06/2024 (20 minute delay) ?
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