NXS 0.00% 20.0¢ next science limited

IPO - Next Science Limited, page-13

  1. 458 Posts.
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    I like the smick presentation and the product could get good traction.
    I have reservations due to the high Directors wages and the low % of Directors holding stock other than being granted cheap oppies (compared to the IPO price).
    Cash burn is likely to be very high and the wages expenses has risen sharply (albeit these being mostly sales staff).
    The implied revenue forecast is loose and they have tried to walk back that comment already.
    Definitely one with potential but I decided to watch on open and see if the speculation gives it a good ramp.
 
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