Speculation Only:
Shell squeezed the life out of NXS and picked up 80% of CRUX for no cash, and now the minority party (soon to be 3%/Osaka Gas) is going to squeeze the last bit of life out of NXS by holding out on the deal until NXS gets Osaka Gas off the hook for the M&DC case leveled by SEDCO.
It is hard to win these days, the Majors can put you over a barrel, and a smart minority holder can have just as much power. Its all pretty simple really.
end of month coming, page-10
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Last
14.5¢ |
Change
-0.010(6.45%) |
Mkt cap ! $42.36M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 14.5¢ | $18.38K | 122.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55999 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 25347 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |