Charts NXS, page-937

Hello maestro …..
A whole year more of patience?

Thanks for the note on Next Science
It’s a long, long time since I’ve looked at it, and it does seem it has had an interesting time since your observations of late August!

Your chart then had the price of the day at 20c, plus your rather negative “death by a thousand cuts”? ’…forecast and a query on punts at 15c :/
- Ten odd weeks later and NXS is down to 15c level.

….Price-wise more one ENORMOUS cut, on October 22!!

(But for long term investors my commiserations for the flaying of hope and value ) ​

Do you see potential for a near term turn up Saragian?
Or is more patience required?

But I should try to think for myself given this opportunity!

???Looking quickly, it was the last deplorable 4c that cut away a quarter of value on October 22 [read it here].
But Mr Harry Thomas Hall the IV, CEO since July 10, 2023 ([who had entered on a wave of company celebrations that an important new phase was beginning - ref] said then … um … that a restructure was needed for the important new phase to get going …. And more money needed too with less than two quarters of funding left and that from an unsecured loan of US$5m last July [ref]

https://www.finnewsnetwork.com.au/archives/finance_news_network471487.html​

22/10/2024 “... Despite these challenges, the company remains optimistic about future growth, with total year-to-date sales up 5%..l​

CEO I.V. Hall acknowledged the transition, saying, “The recent restructure of our sales strategy was essential for building a sustainable business model in the DME sector. We believe this will lead to stronger revenue quality moving forward and pave the way for future growth.” Hall also pointed to positive momentum from Next Science’s XPERIENCE and BLASTX products, particularly in military and private sectors.​

_________
hmmm .
…. Some observations (upon which I welcome correction/comment) ;
-Sadly the billionaire who launched this company to the ASX is no longer around to prop the company up :/
Lang Walker died in January of this year ..https://amp.abc.net.au/article/103398278
-And I note Thorney became a significant investor here last year

….and think I better read the [24/10/24 NXS Presentation - Wilsons Drug & Device Conference ] before I come to any decision on the dabbling of toes..

And follow your charts! (Oh I do!)
…I’m surmising 15c is a technically significant line seeing as you predicted it more than two months ago, Saragian
But, once again is it time to play toesies?
Your sentiment says ‘nay’?

cheers