Brasco,
Payback period for Crux is 1.5 years - the business case for CRUX is not an issue as occam will lead us to believe.
It is a cash cow by any measure.
I think it was over AU$450 million revenue per year. I can't remember the operating cost but the bottom line is very healthy.
The delay here is NXS wanting a good deal, and i can't blame management for this. With price of oil rising above $100 next year Crux is a great asset.
For a non-holder occam has strong opinions on the quality of NXS assets eh!
decisions,..decisions., page-7
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.0¢ | $32.26K | 208.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46003 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 27170 | 2 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |