how much would you accept for a t/o offer, page-20

Hi Jacko,

You say "surely a floor level at .22c". I have given up trying to work out this stock.

You might be exactly right. One might suppose that at .22c we are very close to takeover time. If someone had the bullets it would be better to drive the SP down to .20c to make a bid than to leave it at .30c ish to bid. 33% discount is always welcome.

Either way long suffering SHs must hope that something happens. SP bottoms, takeover offer, or "that" awaited announcement.

I made an egg on face announcement at .34c that I didn't think we would see .31c again. My current advice is not to take heed of my posts.

I will give you a case history of a share price move that is close to home. MGX hit .29c in GFC. I traded it numerous times for a substantial profit until finally selling my 200k holding at .58c. Recently it hit $1.86. NXS buyers today will be laughing soon. Good luck all.

AMHO. DYOR.

Miki