NXD 5.56% 17.0¢ nexted group limited

China?, page-7

  1. 290 Posts.
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    I was originally a Redhill (RDH) shareholder and the main reason the company was acquired was supposedly to gain cost synergies between the 2 companies and create a stronger education group. On paper at least it has been a positive move up until the consolidation which seems to have left the share price dead in the water. The company is no longer attractive to the micro cap investors because of the increased share price but it's market cap is still too small to attract larger instituational investors (with some exceptions). I think a positive half yearly report could restore some of the lost momentum but we will have to wait and see what happens in February
 
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