Hi All
I dont hold NXS, but have followed it with interest over the last 6 months and it still amazes me how quickly potentially good companies can be ruined by management. Saying that, this downgrade to Longtom should come as no surprise. It was flagged at the AGM, and in an update in December. The market would have already expected this. This does not mean the stock wont get hit tomorrow, but probably wont be that bad.
Crux news put out to be a sweetener to bad news, but will wait till actually signed off
The sooner a new CEO appointed, the better.
DYOR
announcement - longtom resv, ceo&crux updates, page-7
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $6.303K | 40.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6575 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 21952 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |