Australia's largest stock trading and investment forum Australia's #1 stock forum

NXS

Click for more information

3.45%

15.0¢ next science limited

Ann: Next Science enters into US$5m unsecured loan facility, page-27

First 27 Last

Share
Profile

Follow
Roadrunner1717

113 Posts.

29

02/10/24

11:53

Post #: 75941086
Share

Originally posted by JonnyDavo: ↑

Pretty even-handed offer from Waislitz... respect to the man. I've seen a LOT worse for companies in similar situations.

12% might seem a hefty rate, but it's unsecured & repayable at full term. So TIGA need to be compensated for that risk. As EDDY says, the fee options are at a premium. So TIGA are obviously comfortable with operational progress and expect the stock to do well.

Let's see what the Half Year says. Either it's growing strongly again, and the stock will go brrr. Or it needs another 1-2 Q's to engage more 1099s, and the stock will go down/nowhere.

On balance, I'm leaning towards the second scenario. I think they'd have done the loan facility after results, if results were brilliant. But either way, I'm fairly relaxed. This should work out pretty well IMO.

RoadRunner clearly wishes he had bought more at A$0.2, but if he's patient he may get it. No need to make silly statements. This is a very different company today than 1-2 years ago.

Expand

I don’t own any shares in this tragedy nor do I wish to. I’ve known this company too long and know exactly every bad move they’ve made. Keep chasing that falling knife mate.

NXS Price at posting: 22.0¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

There are more pages in this discussion • 1 more message in this thread...

First 27 Last

Add NXS (ASX) to my watchlist

(20min delay)
Last 15.0¢		Change 0.005(3.45%)		Mkt cap ! $42.36M

Open	High	Low	Value	Volume
14.5¢	15.0¢	14.5¢	$525	3.582K

Buyers (Bids)

No.	Vol.	Price($)
3	320	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	23603	1

View Market Depth

No.	Vol.	Price($)
3	326	0.145
1	16843	0.140
2	80887	0.135
5	289210	0.130
2	25976	0.125

Price($)	Vol.	No.
0.150	23645	1
0.155	12677	2
0.165	39115	1
0.170	20000	1
0.175	19500	1

Last trade - 12.06pm 05/11/2024 (20 minute delay)

NXS (ASX) Chart