Some who bought on speculation of a takeover may have already exited under 39c, hence the SP on Wed.
Probably new buyers coming in now that some of the financing pressure has eased, new leadership and possible farm out of Crux.
News on LT will also help.
A price about 40c will depend on the progress of Crux.
Looks like the institutions and new directors have a fair degree of certainty of a positive outcome.
thoughts on 40c, page-2
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Last
14.5¢ |
Change
-0.010(6.45%) |
Mkt cap ! $42.36M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 14.5¢ | $18.38K | 122.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55999 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 25347 | 2 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |