Yes the investors sentiments has changed.
No more pricing in future profit/nickel price, we are valued at around 10/12 like many AU nickel miners in production...
But in the back ground, lots is happening for Nic, investors will price in any profit increase when it happen. This is understandable give recent events and uncertainty. Fortunately Nic management have a track record of exceeding market expectation. Including accumulated stockpile, we should be selling double quarterly production in current quarter.
Hopefully this is next sp direction..
https://tvc-invdn-com.investing.com/data/tvc_30e85d948da6323a57ae2f148c0f6aa8.png
NIC - General discussion, page-14
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Last
$1.04 |
Change
-0.025(2.35%) |
Mkt cap ! $4.457B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.08 | $1.04 | $10.45M | 9.907M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 100668 | 3 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$1.04 |
Change
-0.025 ( 1.39 %) |
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| Open | High | Low | Volume | ||
| $1.07 | $1.08 | $1.04 | 3101875 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| NIC (ASX) Chart |