NXS 3.70% 28.0¢ next science limited

Ann: Next Science enters into US$5m unsecured loan facility, page-11

  1. 87 Posts.
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    Thanks Roadrunner1717.

    NXS top two shareholders (<50%) are backed by:

    * Walker Group. Billionaire family.
    * TIG - Thorney Investment Group - Alex Waislitz - Billionaire individual. This is no high-risk credit facility. The AFR call him the Warren Buffet of Australia.

    We are talking very serious credentialed businessman and companies backing NXS. This is TIG of the Thorney Opportunities Company (TOP).
    * Individual insiders make up another 10% circa of the share register. Excellent.

    This is a startup company in its infancy with global patents in demand, turning over already US$35M PA circa @ 77% GP; that has only 5M in debt - if required! Extraordinary.
    Well done NXS, IV and his team.

    NXS has ALWAYS had a 10-year plan... Ring into the Webinar and ask many questions to the investor email.

    Good luck with your current portfolio.

    Cheers
    Monty



 
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