You missed, arguably, the most important "decision", one that Volte was apparently involved in: the reduction in Longtom output and therefore the capping of free cash flow that would have allowed the company the breathing space it needed. Ie cash in the bank.
In my opinion that was when the "bear hug" was set up, a long time before any BS outage supposedly knee- capped the company. Arguably the secondary benefit of the "revised" production agreement was to quarantine longtom gas for Seven to sell into the rapidly rising market over the next 5 years ... Pity NXS shareholders actually owned the gas not Seven.
My opinion only.
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Three items of interest, page-9
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.11M |
Open | High | Low | Value | Volume |
24.0¢ | 24.0¢ | 24.0¢ | $12.43K | 51.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12073 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 23183 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12073 | 0.210 |
1 | 5000 | 0.200 |
2 | 56205 | 0.195 |
3 | 48763 | 0.190 |
1 | 54000 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 23183 | 1 |
0.250 | 57981 | 4 |
0.255 | 75000 | 1 |
0.270 | 61438 | 2 |
0.280 | 7298 | 1 |
Last trade - 10.30am 03/09/2024 (20 minute delay) ? |
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NXS (ASX) Chart |