Plenty of loan covenants have market cap clauses. However, I have no idea if NXS's does have such a clause.
Here is a rough estimate of NXS value, based on latest information
31 Dec cash position $45m
31 Dec debt position ($296m)
Longtom $310m
Sub total of above is $59m or 6 cents per share.
Not sure if I would put a value on ES given shell are withdrawing. Any alternative views on this?
As for Crux - $1.3b (Mitsui value) @ 85% = $1,105m or $1.15 per share. Even at 33% of that value gives 38 cents per share. Adding this 38c to the 6 cents above give a base valuation of 44 cents per share.
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- Ann: December 2009 Quarterly Report
Ann: December 2009 Quarterly Report , page-25
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Last
26.5¢ |
Change
-0.020(7.02%) |
Mkt cap ! $77.42M |
Open | High | Low | Value | Volume |
26.0¢ | 28.0¢ | 25.0¢ | $49.18K | 189.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5084 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 12524 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5084 | 0.265 |
1 | 11500 | 0.260 |
1 | 25000 | 0.250 |
1 | 2500 | 0.245 |
2 | 6376 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 12524 | 1 |
0.295 | 3390 | 1 |
0.300 | 32437 | 1 |
0.305 | 7749 | 1 |
0.330 | 180900 | 3 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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