NXS 5.00% 21.0¢ next science limited

Hi arminius.........I recall reading NXS were boasting 84% gross...

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    Hi arminius.........I recall reading NXS were boasting 84% gross MARGINS.
    So, for every $1 of income/revenue earned the company retained 84c.
    A $200 'sale' would result in a $168 gross PROFIT, or an 84% gross MARGIN...........which translates to a COGS of $32.
    Gross profit is a FIGURE......gross margin is a PERCENTAGE.
    Anyway, that's my understanding.
    FWIW, resistance at the down trend sd line (today) is $2.125c.
    Cheers.
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