I suppose only plus so far on new appt is that Li was an...

I suppose only plus so far on new appt is that Li was an existing holder (and has had to declare same via rules) so has some buy in (prior) to a point and not just a figurehead only brought in to appease the mkt or powers that be.

Also hadn't actually bothered having a look at the Vol spreads prior to suspension - caught up in the confusion & disappointment at the time I guess like everyone else but running some new stuff atm and decided to have a quick look out of curiosity.

Posting, as found it interesting that the big dumps we had last year showed slightly more selling into the bid rather than buying into the offer. Blue is buy vol and red sell vol. What I found interesting and thought would post for something to do while we wait on the next step, is the vol on 16 Dec the day prior to suspension (17 Dec) and prior to the Co. Update Ann coming out (which was after mkt on 16 Dec) shows someone(s) thought NXR was worth buying for some reason?...even after prev dumps, changes in Mngt and strategy etc etc.

Out of some 4+M vol that day (pretty much the 3rd or 4th highest vol day since Aug 15), the bulk was buying into the offer....wonder why? Patience for someone in the know, punters, exist holders avging down?....wonder.

Anyway, have a good one all.

1 yr chart



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