NXS 0.00% 24.5¢ next science limited

spoke to nxs, page-19

  1. 937 Posts.
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    So far "X" looks like it is 30c. Whilst there's been a few sales below that all the volume has been at .30 or a little above. Buyers do seem to be taking them up at .30 so let's hope that the seller is either a) running out of stock to sell and/or b) there are still buyers willing to take up at .30. The worry is that after a couple of tries at rising, the sp is shot down again. If this happens again hardly anyone will buy over .30 as they'll just wait for the next deluge and other sellers will have to go lower! Confidence pretty well shot I think - and in accordance with others I think this really needs an official statement from the company that all is well. A 33% drop from the cr price in just 3 weeks is not a trifling matter and should be addressed. However, still a buy for me at these prices unless bad news occurs.

    As to the reasons for the seller offloading like this after the cr, seems like it must be an act of some desperation - they'll be losing a million or two at least unless it's a round robin thing.
 
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