Courtesy of Haul from the NXS thread -
"The west have printed a speculative buy recommendation in today's paper (4/2/12):
"The market appeas to be punishing Nexus for not following through on the original Crux development. A market cap of $265 million and a look-through value for Crux of $637 million reflects value on its own but access to cash over the next year through the sale of Crux long lead items and the Crux 2 per cent option means Longtom can also be de-risked through the repayment of debt. Price 20.5c, target 32c."
Chart looks like it may have bottomed out as well??"
- Forums
- ASX - Day Trading
- daytrading feb 6 morning
Courtesy of Haul from the NXS thread -"The west have printed a...
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)