Folks remember BS has finite resources and liquidity also (even though a lot larger than us retail investors).
He has a history of building companies, and eventually recycling capital from them into his next idea/play.
Very similar thing happened with NXT when it was only around $1 mark. I drew a similar
I conclusion at the time that he mustn't see value and dumped my entire holding. Boy did I end up regretting that emotional reaction ... the shares rallied on to $13+ in following years.
I guess what I'm saying is to be careful what conclusions you draw about Bevan exiting, in NXT's case I think it freedom up the register and removes the blocking stake so that company becomes a possible takeover candidate - can actually be a net positive.
Personally I think Paul Tyler has this company turning around and firming up very nicely, and I will not making the same mistake as last time.
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Last
$1.73 |
Change
-0.025(1.43%) |
Mkt cap ! $864.9M |
Open | High | Low | Value | Volume |
$1.75 | $1.76 | $1.71 | $987.2K | 568.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9982 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.75 | 19820 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9982 | 1.725 |
2 | 22820 | 1.720 |
1 | 12820 | 1.715 |
1 | 12820 | 1.710 |
2 | 25320 | 1.705 |
Price($) | Vol. | No. |
---|---|---|
1.750 | 19820 | 2 |
1.755 | 24320 | 2 |
1.760 | 12820 | 1 |
1.765 | 12820 | 2 |
1.770 | 26747 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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