As per ann:-
NXS holds 17% of Crux, and it has an option to sell 2% to Osaka for $75m
this values NXS's 17% of Crux at $637m
Longtom sadly written down to $148m
Total Assets (excl Gemfish) = $785m
Market Cap = $265m
Does this mean NXS is materially undervalued by Mr Market, or have I missed something?
$785m equates to SP of $0.59.
I'd happily be out at something in the same ballpark as that!
sadly, my ave cost over 5 years is 48 :(
announcement - longtom resv, ceo&crux updates, page-10
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $58.43M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 21.0¢ | $1.035K | 4.928K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1422 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 32673 | 2 |
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| Last trade - 10.07am 07/10/2024 (20 minute delay) ? |
| NXS (ASX) Chart |