IMO a 15% placement + rights issue on the way. Placement to 7 and right issue underwritten by 7.
Price - my guess 5c
Rationale : Why would 7 need to pay 10c when they can buy at 5c (or less)
Even with the above, if Taipain's estimates are correct then it may only be the first stage of a dilutive takeover process.
...whoever is left/stays the course will end up taking the value in NXS's assets.
Watch for the actions of ACG in all this as a guide
how very nexus, page-26
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Last
23.5¢ |
Change
-0.010(4.08%) |
Mkt cap ! $68.65M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 23.5¢ | $5.012K | 20.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21848 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 145820 | 2 |
View Market Depth
| Last trade - 11.33am 08/08/2024 (20 minute delay) ? |
| NXS (ASX) Chart |