nxs appoints new ceo, page-18

Broker mate emailed me today saying "Remember this is already up 50% over the last couple of months!"

Key point here is that we are only now starting to see brokers taking possies.

If you check the broker stats over the last week and you'll see biggest net seller: commsec, biggest net buyer, Merrils.

How often do we see this. ie small retailers who claim they've suffered thru hell sell at the first hint of a trend change while the big boys get set for the long ride home.

I'd expect Mr Cottee will be roadshowing NXS shortly, as soon as he nails his brief. No doubt a man with his industry cred wont have trouble getting new insto's on the books.