Tim, a comment on how NST may use its cash pile:
I am half expecting (and hoping) NST to have a go at VXR. It already has more than 10% of the capital. Also, its CEO is part of the newly established Precision Opportunities Fund, which has recently invested in VXR.
https://au.news.yahoo.com/thewest/wa/a/33051600/beament-fotios-team-up-in-resources-fund/#page1
VXR would provide commodity diversification for NST.
News: NST Northern star resources on track to meet fy17 production guidance, page-10
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Last
$15.90 |
Change
0.060(0.38%) |
Mkt cap ! $18.27B | |||
| Open | High | Low | Value | Volume |
| $15.79 | $15.98 | $15.62 | $41.11M | 2.594M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14299 | $15.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.92 | 628 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NST (ASX) Chart |