The recent analysis by a broker said they had increased dicounted cash flow in the near future for NXS from approximately $2 to over $6 .
This intrigued me considering the co had not discovered anymore resource since Crux .
Did some reading and found that the Viking placement and rig supply for the Crux development has relieved the pressure on NXS to farm down Crux resource to source development funds . It is now expected that NXS will retain 100% of Crux resource . Therefore the rerating .
I have bought more this week .
the next woodside, page-8
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $64.27M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $13.54K | 62.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5563 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 11820 | 1 |
View Market Depth
| Last trade - 10.54am 05/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |