Tsingshan, according to Bloomberg, got a big margin call-that’s what caused the big Nickel price spike. Might have had to sell some NIC to fund the call. Not too concerned at this point but helps explain todays move a bit-on a day you would have expected it to be up.
valuation and fundamentals, page-36
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Last
75.0¢ |
Change
-0.005(0.66%) |
Mkt cap ! $3.214B | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 75.5¢ | 73.5¢ | $2.100M | 2.808M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24957 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.5¢ | 39067 | 3 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |