Hi Ya, I am not sure how you get to 38 cents. Did you take gross revenue and deduct operating costs , admin ,royalty etc, and loan repayments and any other costs and divide the answer by the number of outstanding shares ? or more , or less sophisticated?
The main point is that the whole market right now does not value resource stocks based on asset value. There are any number of shares out there that are selling for half or a third of their asset value. For that reason plus the fact that many investors wont want to hang in there when NXS is relisted, the sp will take a big hit, perhaps only temporarily . It will recover eventually when money is flowing in from LT , AND Crux is developed, and the oil price has gone above $75. It could be a long wait for all this to happen.
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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 |
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