its about perspective.
If you had never owned NXS before, and took a first look, and said, heck, in 2 months, they are going to tie in their gas production, have solved their debts issues, and have 75-150 mbo.
The upside i evidident.
Frustration,, maybe.
But that is where money is transfered from the impatient to the patient.
Now, you may sell down, and put the money else where, and if that moves north for you , then great.
Always good to diversify, so that you're not held down by one position not performing currently.
But look for, stocks that are underated to peers and have catylsts, events that can launch them.
NXS is one, on gas flows/ sales + cash flow.
Worth holding on IMO, whats a couple of months more, when you've held as long as you have.
But yes, plenty of others, just make sure they offer that re-rate capacity.
cheers
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.97M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 19.0¢ | $1.947K | 9.789K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8695 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 45449 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8695 | 0.195 |
1 | 16387 | 0.190 |
4 | 66783 | 0.185 |
4 | 98894 | 0.180 |
2 | 25714 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 45449 | 1 |
0.210 | 1298 | 1 |
0.220 | 4543 | 1 |
0.225 | 5000 | 1 |
0.240 | 41438 | 1 |
Last trade - 11.49am 11/10/2024 (20 minute delay) ? |
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NXS (ASX) Chart |