I think that margin and short selling is in the mix here. Relates to the MD position. Never should be allowed to happen as someone previously posted. The sell down has been breathtaking and nearly desperate but the rebound support is moving it in the right direction. They are I believe a once in a life time bargain buy at this level but that is only my view. I have been wrong before, in fact more times than I would like!!!! But NXS imo will finish the day closer to 45c come 4.10pm today.
Cheers
NXS Price at posting:
37.0¢ Sentiment: ST Buy Disclosure: Held
