I'll be very unsurprised by a total sale of the company. Large oil companies will have to pay a lot more to acquire juniors if the oil price rises back to $US70-80, so they are likely to view the current climate as being ideal for takeovers.
As a recent purchaser of NXS shares at 36c, I would be delighted by that result and it was a factor in my decision to buy, others who have have held from when the SP was higher may have a different view.
There is a low risk of the sale process falling apart, but there is a far higher chance of a partial or total sale of NXS assets. Either of the latter scenarios mean a major jump in SP, so this was one of the easier share purchase decisons to make.
You comment in your Crunch time thread that 'Share price and volumes will be a good indicator to Friday's announcement'
Is that because NXS leaks? Can long term holders comment on that?
If they do leak then last Friday's trading in the final 1/2 hour was very, very encouraging. There was over 2 millions shares purchased and a quick surge from 36.5c to 38c. It looked very much like a few buyers were keen to have a position before the new week.
Who knows, conspiracy theories about insiders in the know are always dodgy, but if there is a history of info getting out of NXS maybe there is something to it.
- Forums
- ASX - By Stock
- NXS
- further update.
NXS
next science limited
Add to My Watchlist
7.41%
!
14.5¢

further update., page-2
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $42.43M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 14.0¢ | $96.29K | 684.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 595518 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 516745 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 285518 | 0.140 |
8 | 2474444 | 0.135 |
9 | 1913693 | 0.130 |
3 | 960000 | 0.125 |
1 | 750000 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 516745 | 5 |
0.150 | 26000 | 2 |
0.155 | 1057692 | 7 |
0.160 | 1056117 | 5 |
0.165 | 95836 | 4 |
Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
Featured News
NXS (ASX) Chart |