NXS 7.69% 21.0¢ next science limited

UP, I'm trading them thats all, as I've said, its been a good...

  1. 3,849 Posts.
    UP, I'm trading them thats all, as I've said, its been a good trade but I want to see what all these deals actually involve, there's been a lot of speculation and with the moves wrt Prelude/Kogas etc we'll only know when Shell announce their side of all that's being negotiated with the majors.

    Then we'll get something firm on Crux. Either way the Crux "deal" is apparently being held over until end of April early May so we've got time.

    Either way if its ever going to be the Co it once coulda been, you, in theory, could buy it at 30c and still be very happy long term. If not and that's always a decent probability with the current management you may not ever get 30c for it again.

    I'm hopeful we will but if you can trade it for more than you can make holding why manage the additional risk.

    In short I want to see what happens with Prelude first.
 
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