re: Ann: Financial Report for Year Ended 30 J... It's clearly a fund with the ability to cross trade (XT)to itself/related entity it looks as though the share is being sold off, which then spurs retail holders to panic and sell. Then the fund pulls the sells or cross trades (XT) upwards from which they sell the shares back to retail investors. Net change inholding is nil but good money made that little pump last Friday was a perfect example. Moveonup and his pal may have something to do with it or perhaps they cant grasp this concept, who knows! Reality is clear that nxs is generating cash surpluses, big upside with crux partial/full sale, will rerate on crux sale along with long leads. New CEO gives me confidence, presentation today is sound IMO, board rem is not out of control, Michael fowler is not on $2.0m plus per annum, and in fact is a non exec, and no Richard Cottee is not on the board!
GL who knows what fun and games are to come.
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- Ann: Financial Report for Year Ended 30 June 2012
Ann: Financial Report for Year Ended 30 June 2012, page-10
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