NXS 0.00% 20.0¢ next science limited

Ann: 2012 Annual Report , page-12

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  1. 2,784 Posts.
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    Lets be clear

    My agenda is not one of shorting. I don't short EVER.

    I read NXS annual report because oil and gas is my patch.

    I have been negative on NXS for good reason. Look at what has happened to the share price in the last 2 years.

    I'm not comparing the NXS case to the AED case. I was just illustrating that these things can not be ignored. Defending legal case costs a lot of time and money. Not to mention that one day a company is here and the next your money is gone.

    Who can justify NXS borrowing at 19.3% PA?
 
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