NXS 6.67% 24.0¢ next science limited

the risks and lies, page-3

  1. 187 Posts.
    Richie,

    a fair enough presentation of facts, and a fair enough conclusion ( of course there may be other facts and others can also make different conclusions), but here is a fact that I can't fit into the picture :

    ACG bought in big time between January and May this year. He invested around $8m - $9m of his hard earned cash and his average purchase price appears to be around 13cents. He is an experienced industry guy, and he may (probably) know and has had prior industry contact with DV (and probably LDM) from their time at Woodside. When he invested most of the sh*t that has happennded to NXS was all out there and known.
    So why did this guy buy in, what value did he see or what does he know ?

    Some alternatives answers:
    i) he is as foolish as the rest of us
    ii) he has too much money to spend
    iii) he knows something we don't
    iv) he knows all the sh*t re NXS, but still likes the risk/reward 'cause he sees fundamental value (and their would need to be a lot of it)
    iv) he is holding for DV or someone else who does't want to be seen
    v) he knows that when this resolves if you have a big enough "seat at the table" there is a deal that going to have to be a deal done and you can get a "sweet cut of the action"
    vi) he did it to create false hope and suck in guys like me
    vii) ... something else ??

    So my question is yes your facts are real, and the conclusion on those facts as presented is also real and fair. But there are other facts not in that picture... and the "whole story" will need to incorporate all the facts.

    ps.
    .....its all b.s. 'cause its doing nothing to help the SP but while I suffer my paper losses I can at least amuse myself with this detective story ... :)

 
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