HI all, I am just playing as devil's advocate here :
Why some of you keep saying that NXS is hugely undervalue ??
Don't you forget the most basic economic principal : Supply and Demand. So who can really show me than NXS is undervalue, not using some analyst hocus-pocus number ??
The fact that it's been on the market for so long, that indicates no demand. The second fact that the management try to secure a deal before half year account date worries me. I am worried that they have liquidity problem therefore raising debt via loan shark is the easiest but the most expensive way.
Good Luck !
trading halt, page-22
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Last
24.5¢ |
Change
-0.015(5.77%) |
Mkt cap ! $71.46M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 26.0¢ | 24.5¢ | $30.25K | 119.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75861 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 43775 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NXS (ASX) Chart |