NXS 6.67% 24.0¢ next science limited

how very nexus, page-26

  1. 187 Posts.
    IMO a 15% placement + rights issue on the way. Placement to 7 and right issue underwritten by 7.

    Price - my guess 5c

    Rationale : Why would 7 need to pay 10c when they can buy at 5c (or less)

    Even with the above, if Taipain's estimates are correct then it may only be the first stage of a dilutive takeover process.

    ...whoever is left/stays the course will end up taking the value in NXS's assets.

    Watch for the actions of ACG in all this as a guide
 
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