Hi Occam
That figure of 38c/share is just for Longtom.
There are couple of analyst reports on the company website that should answer y'r query in detail. My focus is entirely on reserves & thats where that figure cometh from. Most transactions in the O&G, CSG sector are based on reserves first & foremost.
In today's financial climate where "Cash is King" even the Crown Jewels would lack their glitter & that's where it comes down to the Sr. Mngmnt, to embark on marketing its assets to potential buyers out there from early on.
IMO, I think NXS has the assets to ride out of this hitstorm (excusi moi french there).
Here's hoping that 31st Mar brings forth good news.
cheers
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.57M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 23.5¢ | $25.16K | 103.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19686 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 145820 | 2 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| NXS (ASX) Chart |