NXS 5.17% 27.5¢ next science limited

potential share price., page-7

  1. 13,477 Posts.
    lightbulb Created with Sketch. 2672
    Ozmarket and Doc,

    The current economic environment in my view will tend to cap the upside of the SP assuming a strong announcement. A successful Crux deal will probably see an intraday price spike to the mid, maybe high teens where it will most likely settle for awhile, even ebb lower over the ensuing weeks (despite the fact that the Crux deal will deliver a market cap for Nexus of upwards of $600m?). As the market digests the impact of the deal in monetary terms, the stock may move through a rerating process, most probably back from whence it came ie low 20's. It has been massively over sold in recent months (maybe for good reason) but if we are to assume that Longtom and Crux are both realisable as future profit hubs for the company,it is my read that when the macro market conditions stabilise and improve, so will the SP of Nexus and other stocks similarly placed.

    Apology in advance for not supporting a massive price gap ie 11c to 40c but that is only my view for what it is worth.

    cheers
 
watchlist Created with Sketch. Add NXS (ASX) to my watchlist
(20min delay)
Last
27.5¢
Change
-0.015(5.17%)
Mkt cap ! $80.21M
Open High Low Value Volume
28.5¢ 28.5¢ 26.0¢ $30.57K 112.2K

Buyers (Bids)

No. Vol. Price($)
1 19549 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 9999 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
NXS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.