Nickel cycle is starting again
SO what would be obvious to me is that it’s an easy entry to an explorer with a Defined nickel resource that is trading below cash backing and is highly cashed up no need for cap resides, no debt etc to ride the nickel wave
Even RXL have stated they are patiently waiting for this nickel cycle to start again in their press
However RXL is a very leaky ship and I wouldn’t rule out something else depends if they are digging or not I’ve lost track - as for my alternative charting methods i wouldn’t rule out anything over the next week or so (it could be either scenario) ...though I’d say no 1 makes more sense but RXL has some good sky trading transits going on as we speak if ur open to that sort of thing (as always I have outlined it on Twitter as opposed to here today)
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Nickel cycle is starting again SO what would be obvious to me is...
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Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $57.48M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.0¢ | $181.7K | 1.175M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 467205 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 103377 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 6539315 | 0.008 |
15 | 12069642 | 0.007 |
5 | 2958583 | 0.006 |
5 | 3098180 | 0.005 |
3 | 1255003 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1924318 | 1 |
0.010 | 1406625 | 6 |
0.011 | 888479 | 5 |
0.012 | 621646 | 2 |
0.013 | 1000000 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
RXL (ASX) Chart |