Hi arminius.........I recall reading NXS were boasting 84% gross MARGINS.
So, for every $1 of income/revenue earned the company retained 84c.
A $200 'sale' would result in a $168 gross PROFIT, or an 84% gross MARGIN...........which translates to a COGS of $32.
Gross profit is a FIGURE......gross margin is a PERCENTAGE.
Anyway, that's my understanding.
FWIW, resistance at the down trend sd line (today) is $2.125c.
Cheers.
Charts NXS, page-530
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $61.35M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 19.0¢ | $31.60K | 161.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7800 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 4944 | 2 |
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| Last trade - 14.52pm 30/08/2024 (20 minute delay) ? |
| NXS (ASX) Chart |