NXS 5.77% 24.5¢ next science limited

Ann: Financial Report for Year Ended 30 June 2011, page-3

  1. 1,576 Posts.
    lightbulb Created with Sketch. 34
    re: Ann: Financial Report for Year Ended 30 J... I note in the financial report that the damages claim has been quantified at $67M. Although that amount may not send the company bust it is going to be a big hit. With M&G no longer interested this stock unfortunatley looks set to continue downwards. The market cap seems way too high for all these concerns regardless of the possibility of whether a good deal on Crux can be achieved.

    Best of luck to holders and hopefully a great Crux deal will allow you to make back some money.

    The risk / reward pay-off just does not seem to be there for my liking.

    I am the Iceman!
 
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