NXS 5.00% 21.0¢ next science limited

something happening on nxs?, page-63

  1. 568 Posts.
    Plenty of theories on this thread about our price decline. My two bobs worth, my interpretation of the Q3 report was that Crux, whilst 'interested parties' may be sniffing, was not about to receive a farmin partner in the immediate future, not before years end anyway. Also, the fact that gas flow rates won't reported on until Q4, means no news until late Jan early Feb next year. Add to that the fact that Santos, according to JL l think it was who called them, considered the LT commisioning and subsequent gas flow not significant enough for them to report.

    So that leaves us without a catalyst from now to years end, so traders and investors alike see little upside until perhaps early next year. So personally, and only in my humble opinion, l don't subscribe to any pending bad news theory, rather there is NO news, and this l believe is the short term cause of the selling.

 
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21.0¢ 21.0¢ 21.0¢ $1.035K 4.928K

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2 22957 19.0¢
 

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Price($) Vol. No.
22.5¢ 5000 1
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