Lets say we believe the Strachan report. (I don't).
CRUX low case 416 mil
Medium case 546 mil
High case 600 mil.
NXS current SP a rocketing 10c.
Market CAP a dizzying 137 mil.
A quick calculation of a takeover bid of 18c would net you the whole company for about 260-270 mil.
That's a cool 140mil under Mr Strachan;s valuation and you get long tom and the Echuca for free.
An absolute bargain you would think?
the strachan report
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $81.67M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.0¢ | $20.33K | 70.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2300 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 9877 | 2 |
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| Last trade - 11.31am 25/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |