The recent activity for NXS is, I hate to say classic NXS. Rumour hits the market, sp flys, lots of discussion about takeover and substantial holder notice, nothing eventuates. While i don't discount that there could be a deal re CRUX very soon. I still think the drivers of the sp will be
1.Boat arriving on site - small sp spike
2.Gas flowing to Orbost - 30-50% spike
3.Sale of AED - 30-50% spike
The sale of Crux is the wildcard and I'm still not convinced this is going to happen, however I still see ther sp tracking closer to .80c in early October when the above is completed.
of course this complete speculation, but I have been with this stock for over 3 years and I am hoping that my previous experience will help me to make money fron NXS istead of constant loss.
The recent activity for NXS is, I hate to say classic NXS....
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.97M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $1.947K | 9.789K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8695 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 45449 | 1 |
View Market Depth
| Last trade - 11.49am 11/10/2024 (20 minute delay) ? |
| NXS (ASX) Chart |