With NXT being the largest shareholder of SOV (33% i think), they are either going to support them with cash or buy them out. NXT first obtained 20%
around the 60 cent level so are well and truly sunk like the rest of us who bought in at IPO ... they won't let this just fold.
I expect some sort of arrangement to happen with months. With regard to the farcical revenue levels, there must surely be some sort of review being undertaken by NXT
My take anyways - DYOR
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-10
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $38.43M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.5¢ | $2.348K | 9.817K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15625 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 246 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| SOV (ASX) Chart |