WSA
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0.00% $3.86 western areas limited

I am buying NIC and shorting WSA as a pair trading .NIC...

  1. HSP
    5,051 Posts.
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    28/01/21
    20:07
    Post #: 50517056
    I am buying NIC and shorting WSA as a pair trading .

    NIC metrics--->, Record RKEF quarterly production of 11,527.0 tonnes of nickel metal
    (100% basis), up 7.7% from 10,699.9 tonnes of nickel metal in the September
    quarter. Record RKEF quarterly sales of US$158.8M (100% basis), up 16.6% from
    US$136.2M in the September quarter. Record RKEF quarterly EBITDA of US$71.6M (100% basis), up 45.6% from
    US$49.2M in the September quarter.

    WSA metrics---> worse than both, QoQ and pcp(Q1 and Q2)
    WSA Price at posting: $2.46 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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