NXS 3.57% 29.0¢ next science limited

standard proceedure, page-16

  1. 707 Posts.
    lightbulb Created with Sketch. 10
    Reading my previous post I want to clarify - the sale of LT was not completed, called off Nov09???.
    Timeline:
    Mar 09 NXS suspended from trade/certainly in financial difficulty.
    May 09 original delivery of Rig
    End May 09 NXS announces sale of 50% LT - solvency concerns lessened.
    Aug 09 NXS placed $70m stock
    Comes down to legal interpretation of rights and remedies under the contract.
 
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