haasko,
Not true!
Flow rates you are refering to are summer period flow rates. You would have noticed it's been quite warm in Victoria this summer and the need for gas not great at all :)
Winter period is where the spike usage occurs, the average 12 month usage then reflects what NXS has communicated.
There is nothing wrong here, it's all good. A producing assets in one of the major markets in Australia with incredible population growth and hence future demand.
Some nice tax breaks (depreciation) in the first couple of years will mean most of the $ 70 mill will be bottom line.
With a market cap around $235 mill, NXS is prime picking for a predator wanting LT and Crux.
rebound, page-20
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $68.65M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 22.0¢ | $38.16K | 168.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34297 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 21535 | 1 |
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| Last trade - 15.44pm 14/08/2024 (20 minute delay) ? |
| NXS (ASX) Chart |