It's understandable that the volatility remains in the Nexus shareprice. Unfortunately Crux-2 IS below expectations (not above as another poster suggested) and a large amount of uncertainty remains about the Crux project. There is definitley good signs, and that is the fact that Nexus can say that Crux-2 and Crux-1 are connected via the B Sands etc, but there are also some negatives, like the thinner than expected B sands, longer FID due to more appraisal work etc.
Until we are certain about what's at Crux, i don't think we can now attribute an overly optomistic premium.
It's understandable that the volatility remains in the Nexus...
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22.0¢ |
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Mkt cap ! $64.27M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80000 | 22.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 28990 | 2 |
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