I believe that the SP decline is in part due to overall market sentiment towards speculative stocks (there has been an across the board hammering of most spec;s)
NXS is facing a cash crisis you have to remember long tom was off line for 6mths and is NXS only revenue source. At last count there was only 11mil in bank.
Since they excised the 75mil option progress from management has been non existant they cant even sell the long lead items.
No one knows what is happening with CRUX its been progressing for years (Apparently)??
I could go on but I think you know where I am coming from.
free fall, page-2
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Last
28.0¢ |
Change
-0.020(6.67%) |
Mkt cap ! $87.50M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.0¢ | $16.32K | 56.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35506 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 7810 | 3 |
View Market Depth
| Last trade - 10.18am 25/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |