NXS 0.00% 15.5¢ next science limited

why so cheap, page-9

  1. 880 Posts.
    Ximing,

    It might be semantics, but the Crux deal is still not done. they still need to complete land transfers.

    We're in the hands of the institutional traders and they're happy to play in the 13.5 - 14.0 cent bracket at the moment.

    There may be accumulation going on or just profit taking. But the sell side is being loaded again with the 1,280,000 order at 14.5 and the 1,500,000 order at 15.0

    Same games, different price point.

    I'm being patient and await the formal completion of the Crux deal and the confirmation that NXS can action its 2% option and get that $75m.

    It'll be weeks not months. Maybe famous last words, but I've got my money where my mouth is.

    GLTA
 
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