A couple of points that may add another persspective. The chairman owns over 6 million shares. Clearly, he has strong interests, as we do, in a rising share price. Noone likes to lose money.
The belief by the chairman and directors in the future value of the share price is evidenced by their significant buying up in July at 10/11 cents. Why would you be throwing money away if the sp was going nowhere.
Regardless of what the future holds for nxs clearly the chirman and directions can see some attractive upside coming. Nobody forces them to buy shares in their own company.
I look forward to the fun banter and the inevitble emotional and irrtional ranting that always follows if you dare to mention mr fowlef or the board.
nxs salary comparisons, page-3
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Last
27.5¢ |
Change
-0.015(5.17%) |
Mkt cap ! $80.21M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 26.0¢ | $30.57K | 112.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19549 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 9999 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |