Good question JL. It has been a week since the last update on Longtom. No further update on gas flow since, even in the quarterly.
Could they release those figures on Monday and perhaps avert a 28-29c sp? Wait a minute, if the company releases positive news, the sp goes down, so best they keep their trap shut on Monday lol!
Actually, could the lack of a gas flow update explain why the share price has hunkered down from 37c to 32c? I remember when the Longtom dispute with the dive support vessel contractor occurred, the share price dropped from 45c to 30something and THEN the company made public the dispute on 06 July. Sometimes the best way to find news about NXS is to look at its chart. The company has delicately tiptoed around gas flow rates past fortnight, so investors/traders are assuming the worst
Good question JL. It has been a week since the last update on...
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Last
20.0¢ |
Change
-0.013(5.88%) |
Mkt cap ! $58.43M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $54.85K | 269.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67369 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| NXS (ASX) Chart |