To a certain extent he is right - Nexus was about $1.40 in October 2006 and is now only just under $1.90 a share with a lot of fluctuations along the way. QGC in the same time has more than increased 4 fold, MPO has more than increased 4 fold etc. I have taken profits along the way in Nexus and now only hold 1/3 of my peak holdings. CBM is cheaper and easier to develop and is exploding in interest. The risk profile of each drill is also much lower, if one or a few holes are dry it doesn't kill the share price like what happened after Crux 2 for Nexus, and Basker 6 with Anzon.
A good mix of CBM and LNG/condensate assets is a prudent thing to do. Diversify risk/reward.
- Forums
- ASX - By Stock
- NXS
- re buy
re buy, page-12
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXS (ASX) to my watchlist
|
|||||
Last
24.0¢ |
Change
0.015(6.67%) |
Mkt cap ! $70.00M |
Open | High | Low | Value | Volume |
22.5¢ | 24.5¢ | 22.5¢ | $15.37K | 65.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36776 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 3501 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36776 | 0.240 |
1 | 149869 | 0.230 |
1 | 2371 | 0.225 |
1 | 75904 | 0.220 |
1 | 6500 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 3501 | 2 |
0.260 | 16371 | 2 |
0.270 | 20000 | 1 |
0.275 | 12350 | 1 |
0.290 | 8000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
NXS (ASX) Chart |