From the AFR:
"...that might explain why there's little noise around Nexus Energy, other than that there are plenty of different balls in the air and a resolution should be finalised within a week.
Shell continues to be tipped as a logical aquirer - most likely of the corporate entity - although the preferrred outcome is said to be a partial sale of the crucial Crux project, in which Nexus owns 85%."
Goes on to mention BBY saying 35% stake could be wrth $US 220m etc. and that ROC would be a seller of all their stake.
Not speculated on is the likelihood the "contract re-negotiations" will likely have been forced on NXS due to the "change" in its position if debt/sale etc is done.
Not a problem you would think if Shell is the debt provider/aquirer. STO could be in here for a better deal on longtom too.
Cant see Ian flogging off Molly for a ridiculous price.
- Forums
- ASX - By Stock
- NXS
- age article
age article, page-9
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXS (ASX) to my watchlist
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.43M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 20.0¢ | $11.94K | 59.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34739 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34739 | 0.200 |
1 | 61100 | 0.190 |
3 | 77961 | 0.185 |
5 | 80233 | 0.180 |
2 | 21000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 300 | 1 |
0.215 | 7298 | 1 |
0.220 | 88792 | 2 |
0.225 | 4444 | 1 |
0.240 | 10000 | 1 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
NXS (ASX) Chart |