Good post Mike, some points from me in response to yours (same numbering) ...
- Quality of product is outstanding - from my own personal use as well as the many many studies.
- Agree risk is high ...
- Sales - NSX is at embrionic levels. I think they can achieve the forecast given the study results coming thru. But no certainty. Currently sales a minor fraction of what's possible.
- Yep - plenty of risk. But commentary/explanation is within the reylms of credibility
- Agree. Lang is dead - hence NXS has no "go-to" man wrt capital raising. IV realises this and has therefore had to adjust cost responsibly and seeking other options. Better for shareholders if he can manage thru without - and it seems he's having a crack at that. Cash is king!
- Yep - but as per 3, IV is having a crack within capital constraints so I'm not going to second guess his decision.
- Not sure. He seems to be taking tougher/more unpopular decisions than Judith. This can be a good thing and personaly I'm williing to give him a bit more rope.
Agree with the rest of your post. Thanks for posting - appreciate the chat.
Cheers, Simon
Good post Mike, some points from me in response to yours (same...
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Last
35.0¢ |
Change
0.020(6.06%) |
Mkt cap ! $102.0M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 35.0¢ | 32.0¢ | $67.36K | 197.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 25000 | 1 |
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| Last trade - 13.01pm 06/05/2024 (20 minute delay) ? |
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Last
35.0¢ |
Change
0.020 ( 9.38 %) |
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| Open | High | Low | Volume | ||
| 33.0¢ | 35.0¢ | 32.0¢ | 46457 | ||
| Last updated 14.32pm 06/05/2024 ? | |||||
| NXS (ASX) Chart |