SD, what bad news? The only bad 'news' is from someone that knows someone, that says if NXS don't get something done with CRUX by 2021 then it's all over. 2021. That's 2021. 11 years away.
Forgetting they are contracted to earn $750 million during that time. They are sitting on a 'bazillion' barrels of oil and gas that is actually THERE! NXS have oil. They have gas. They aren't one of the companies poking a stick in the ground saying 'MMM nup. Maybe it's over there...".
They also aren't 23c because of 'bad news'. They are 23c because the 'market' wants them at 23c. The market being the priviledged few that were too big to fail during the GFC. Maybe they are being worked for a T/O, I don't know, but MR 509 today, 5190 yesterday and Mr XXX tomorrow aren't long term shareholders bolting for the door. The 10-12 million prop bids down the line don't seem to be in any hurry to get out. They have been in the same spots for 3 months.
Maybe we will go to 18c, but the reality is NXS HAVE assets, not dreams, and those assets are worth a motza. Whether current shareholders get to share in that is up to powers much larger than me. Just hope I have GUESSED right ;).
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Last
22.5¢ |
Change
-0.015(6.25%) |
Mkt cap ! $65.73M |
Open | High | Low | Value | Volume |
21.5¢ | 22.5¢ | 20.0¢ | $50.64K | 245.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27019 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 1221 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27019 | 0.220 |
1 | 20000 | 0.215 |
1 | 5563 | 0.205 |
3 | 16180 | 0.200 |
3 | 62205 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 1221 | 1 |
0.230 | 5000 | 1 |
0.240 | 10000 | 1 |
0.250 | 29490 | 3 |
0.255 | 75000 | 1 |
Last trade - 15.46pm 04/09/2024 (20 minute delay) ? |
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NXS (ASX) Chart |