nxs vs awe, page-2

Thanks for the numbers antman. Takeover at 60c would be good for some, bad for others whose average costs are more than 60c a share.

You forgot to add back the $200 million liability of a CEO that NXS has, who has failed to deliver on shareholder expectations substantially lol.

He told shareholders there would be no CR with the 50% sale of LT to AED, delivery of LT was delayed and as a result, the AED deal fell through and NXS asked for capital raising, which may or may not benefit shareholders in the long run.

Macquarie in their analyst report said that although NXS could be valued to 66cents a share, they took off about 30% for the target price with some concerns about management to deliver. They talked about management's ability to deliver at length actually.

Another part of their research report also showed how the CEO of NXS is overpaid compared to industry peers and relative to market capitalisation.