NXS 3.33% 29.0¢ next science limited

If the current market cap of NXS is 93mil and the CRUX...

  1. 261 Posts.
    If the current market cap of NXS is 93mil and the CRUX evaluation is (NXS share) 200-500mil why has shell not initiated a takeover play. Even at 15c per share twice the current SP 186mill would net then all of crux, Long tom which they could sell and 100% of ES. Sell long tom for 50-80 mil and total cost to shell 110-130mill a bargain I would have thought. Just a back of the envelope calculation but some where in the ball park.
    Must be more problems behind the scenes then we privy to.
 
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