NXS 2.63% 19.5¢ next science limited

how very nexus, page-20

  1. 707 Posts.
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    To some of the unanswered questions above
    DV stepped down because 7 group intend leading the recapitalisation of NXS, they will be the cornerstone investor / recipient of placement and underwrite the shortfall on any shareholder rights issue
    They need $120m IMHO so will be very dilutive, pay out bank debt, 1 well + work over at LT as a minimum.
 
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