NXS 5.00% 21.0¢ next science limited

10:36 67,426 16 554,434 XT 10:36 66,691 16 2,017,803 XT Clear...

  1. 793 Posts.
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    10:36 67,426 16 554,434 XT
    10:36 66,691 16 2,017,803 XT

    Clear short selling transaction occurring here 16.0c transaction, prob VWA at the time of the transaction. Likely some "Fund" or poor retail investor.

    Clear manipulation lower from this transaction

    12:44 241,455 15 5,067 NX XT
    12:32 226,847 15 11,000
    12:32 226,846 15 19,000
    12:11 198,418 15.5 60,000
    12:08 194,397 15.5 63,280
    12:08 194,395 15.5 50,000
    12:08 194,393 15.5 20
    12:08 194,391 15.5 13,700
    12:05 190,081 15.5 30,000 NX XT

    On what I would call low volume day.

    I guess the SP will continue to drift at the control of the larger "Funds" with the intent on making 5 - 10% returns on say $3.0mil of shares.

    I would hope that the CRUX deal and subsequent sale of equity stake nets some sizable cash amounts for NXS otherwise these "Funds" will very easily regain control of the SP post announcement.

    Fundamentals have to improve significantly and investor confidence needs to return to maintain a fair SP indicative of the company’s assets and production.

    This is representative of all small/mid cap liquid stocks on the ASX not only NXS. Although its languishing SP and whinging on this thread have certainly played well into the hands of these manipulators.

    DYOR my opinion only.

    PS perhaps instead of whinging nonsense we can have a dialogue here moving forward.
 
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Last
21.0¢
Change
0.010(5.00%)
Mkt cap ! $61.35M
Open High Low Value Volume
20.5¢ 21.0¢ 19.0¢ $31.60K 161.1K

Buyers (Bids)

No. Vol. Price($)
1 7800 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 4944 2
View Market Depth
Last trade - 14.52pm 30/08/2024 (20 minute delay) ?
NXS (ASX) Chart
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