Nothing at all wrong with anything you said, the numbers are there in black and white. These numbers however are not new and shouldn't be a surprise to any shareholders, new or old. If NXS were debt free and had wads of cash it wouldn't be trading at .28 cents. Everything is relative and whoever buys in does so in the belief and anticipation that things will improve. The very nature of this company and sector means no investment is without risk, you either take the chance or you don't.
The company has sought new board members and acquired a well respected CEO because they anticipate future success. As shareholders you must believe this will come to fruition and if not you sell, or, like yourself you don't buy at all. Clearly you are skeptical, and that is your right to be so, and you may yet be proven correct.
Only two weeks ago they didn't have a CEO, but slowly they are getting their house in order. The next six months l believe will set the tone for where this company is headed, and like all shareholders, we can choose to bail or hang tight.
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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($) | Vol. | No. |
---|---|---|
24.0¢ | 21535 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 34297 | 0.220 |
1 | 25000 | 0.215 |
2 | 12000 | 0.205 |
2 | 18000 | 0.190 |
1 | 25000 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 21535 | 1 |
0.260 | 145820 | 2 |
0.295 | 3390 | 1 |
0.310 | 45789 | 1 |
0.330 | 180900 | 3 |
Last trade - 15.44pm 14/08/2024 (20 minute delay) ? |
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NXS (ASX) Chart |