Baillieu have just issued a report following the latest drilling result.
They expect "that this discovery has the potential to more than double recoverable reserves from the current level of 66.3m barrels of condensate".
Their 12 month price target is still $2.45.
They also describe NXS as "the most undervalued mid-sized emerging oil and gas producer listed on the ASX".
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Last
39.0¢ |
Change
0.040(11.4%) |
Mkt cap ! $113.7M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 39.0¢ | 36.0¢ | $8.625K | 22.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 1501 | 1 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
38.5¢ |
Change
0.040 ( 13.2 %) |
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| Open | High | Low | Volume | ||
| 37.5¢ | 38.5¢ | 37.5¢ | 5905 | ||
| Last updated 15.44pm 09/05/2024 ? | |||||
| NXS (ASX) Chart |