I averaged up on NXS @ $0.37 last week. Unfortunately, nobody rings a bell at the top or bottom of the market. However, I am looking for a >100% gain on NXS in the medium term so $0.05 in either direction is academic.
The fundamentals of oil due to under-investment are recogised by many. The link below is a little dramatic but its message is real in my opinion.
http://www.portphillippublishing.com.au/research/osi/05a.php?s=E9AOK623&o=1696636&u=56496357&l=1609809
In a year the HC messages re NXS will be "waiting for $3.00!" if the supply destruction of oil plays out.
this is a very solid lt hold
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $56.97M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.5¢ | $5.102K | 26.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74952 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 35987 | 2 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |