Looks like Mitsui has made the right move.
I don't think this stock is dead yet, but without cRUX the SP will surely take a dive.
Although the resignation of Peter Thomas is a bit suss, I hope the management can get the best deal with asset sale, debt raising and resolves contract commitment issue, hopefully will act as a parachutes when the market opens. Feel sorry for NXS holder, I've been there a couple of times, Be brave.
corporate activity, page-4
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Last
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $74.50M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $1.95K | 7.932K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22067 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 31021 | 2 |
View Market Depth
| Last trade - 10.43am 07/08/2024 (20 minute delay) ? |
| NXS (ASX) Chart |