Looks like Mitsui has made the right move.
I don't think this stock is dead yet, but without cRUX the SP will surely take a dive.
Although the resignation of Peter Thomas is a bit suss, I hope the management can get the best deal with asset sale, debt raising and resolves contract commitment issue, hopefully will act as a parachutes when the market opens. Feel sorry for NXS holder, I've been there a couple of times, Be brave.
corporate activity, page-4
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $55.51M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $6.092K | 31.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16386 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 30525 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| NXS (ASX) Chart |