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20.0¢ next science limited

Ann: Next Science enters into US$5m unsecured loan facility, page-27

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Roadrunner1717

113 Posts.

29

02/10/24

11:53

Post #: 75941086
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Originally posted by JonnyDavo: ↑

Pretty even-handed offer from Waislitz... respect to the man. I've seen a LOT worse for companies in similar situations.

12% might seem a hefty rate, but it's unsecured & repayable at full term. So TIGA need to be compensated for that risk. As EDDY says, the fee options are at a premium. So TIGA are obviously comfortable with operational progress and expect the stock to do well.

Let's see what the Half Year says. Either it's growing strongly again, and the stock will go brrr. Or it needs another 1-2 Q's to engage more 1099s, and the stock will go down/nowhere.

On balance, I'm leaning towards the second scenario. I think they'd have done the loan facility after results, if results were brilliant. But either way, I'm fairly relaxed. This should work out pretty well IMO.

RoadRunner clearly wishes he had bought more at A$0.2, but if he's patient he may get it. No need to make silly statements. This is a very different company today than 1-2 years ago.

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I don’t own any shares in this tragedy nor do I wish to. I’ve known this company too long and know exactly every bad move they’ve made. Keep chasing that falling knife mate.

NXS Price at posting: 22.0¢ Sentiment: Sell Disclosure: Not Held
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Last 20.0¢		Change -0.015(6.98%)		Mkt cap ! $58.43M

Open	High	Low	Value	Volume
21.0¢	21.5¢	20.0¢	$8.512K	39.73K

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No.	Vol.	Price($)
2	5139	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	5000	1

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No.	Vol.	Price($)
2	5139	0.200
5	76783	0.185
5	134894	0.180
2	23800	0.175
1	17500	0.170

Price($)	Vol.	No.
0.225	5000	1
0.245	400	1
0.250	28990	2
0.265	20000	1
0.270	61438	2

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