NXS 3.51% 27.5¢ next science limited

Yeah good that Dimensional picked up the stake, but it's only...

  1. 194 Posts.
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    Yeah good that Dimensional picked up the stake, but it's only around $6m spread across a number of their value and small cap funds. Hopefully they keep adding as decent volumes through today.

    Would also be great to see LDM and DV pick up some shares on market. I can understand that they weren't able to before releasing the strategic update last week (they have been communicating to the market!)

    I think the major issue is that one of the instos has had enough and probably wants the company to sell down all of CRUX and get money in the door. Company's made it clear that they want to drill Auriga which could significantly enhance the value of the asset (and it's low risk.)

    But still no shareholder reduction notices out. So interested to see where the volume is coming from.

    It's a frustrating company to follow - and we keep saying the rewards will be there. One day...

    Surely at a market cap of $120m we can't go too far wrong?

    ARobert
 
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