NIC nickel industries limited

I was shocked yesterday to see big drop on many commodities...

  1. 636 Posts.
    lightbulb Created with Sketch. 77
    I was shocked yesterday to see big drop on many commodities share price, particularly Lithium and Nickel, while the main indexes were still in positive territory.
    The come across this article from Reuters, which may be the reason for the drop:
    Analysis: China's metals traders offload stockpiles as bleak demand outlook bites | Reuters
    Meanwhile at the same time I read this from other media sources:
    Chinese consumption, manufacturing-related stocks rally on policy support, work resumptions - Global Times
    So many conflicting news out there, so much information, all designed possibly by accident, to create volatility.
    Indeed the financial providers and brokers make their money on spread and transaction fee, they thrive on fear and greed, they don't care if a sp is undervalued or overpriced.
    Anyhow among all this confusion best approach is "Keep calm and carry on" especially if invested in a company that is about to treble production.
    Another thing to note is that our price of Indonesian NPI, is very stable compared to other nickel products and markets. This is a peculiarity that I think is intrinsic of Indonesian operation and market, which in my view should make investing in Nic more attractive for those not seeking excitement and trill from investment, but a steady higher return.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
70.0¢
Change
0.015(2.19%)
Mkt cap ! $3.038B
Open High Low Value Volume
69.0¢ 70.5¢ 67.5¢ $4.080M 5.890M

Buyers (Bids)

No. Vol. Price($)
2 10523 70.0¢
 

Sellers (Offers)

Price($) Vol. No.
71.0¢ 166760 9
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.