NXS 2.78% 35.0¢ next science limited

Hi Sabine. "buy and bury" meaning often BIG Corps will buy out...

  1. 91 Posts.
    lightbulb Created with Sketch. 4
    Hi Sabine. "buy and bury" meaning often BIG Corps will buy out the competition to stimy or wipe out the new product or service (Microsoft) that competes. Having the other products positioned for distribution by respective market distributors is (in my opinion only) a strategy that prevents that. Also the escrowed shares for 2yrs prevents takeovers as well. J Mitchel said as much in an interview a while back buy saying "we are not going anywhere. not for two years at least". I dont have my files in front of me but someone from this forum posted a link to that one. I think 3M has 3 or 5 yrs but dont quote me. In my final analysis of this company I read it as get as many proven products out there through multiple channels and concentrate on R&D.. I would love to know what happened to the sales team too. Perhaps a slow burn to cover more ground is what will happen.?. However I am green to share movements such as this one and cannot figure out the fiddling about with SP as I watch what seems the oposite of logic to me. Especoally on the light of no news. And the increase from 28K shares for shorting to 68K recently has me mistrusting any judgements. So Im still at the fairgrounds
 
watchlist Created with Sketch. Add NXS (ASX) to my watchlist
(20min delay)
Last
35.0¢
Change
-0.010(2.78%)
Mkt cap ! $102.0M
Open High Low Value Volume
36.5¢ 38.0¢ 33.0¢ $32.91K 92.29K

Buyers (Bids)

No. Vol. Price($)
1 4999 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 17000 2
View Market Depth
Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
34.0¢
  Change
-0.010 ( 5.56 %)
Open High Low Volume
37.0¢ 37.0¢ 34.0¢ 39248
Last updated 15.54pm 08/05/2024 ?
NXS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.