Directors bought a month ago and speculation was raised then of...

Directors bought a month ago and speculation was raised then of some news to come after the 3 weeks price sensitive ANN period...

I read on another forum that Richard Cottee was being considered for the top job in NXS about the same time. So the deal was basically done when Directors bought. As the perious poster stated the company has gone up 50% since. lot of insider trading in this company- IMO.

Wished I accummulated more at the time- but have a reasonable amount with them for a long time now. Since they were in the 40s last year and dollar averaged down a while ago.

Making me approx even stevens now and I feel think in a good position.

Cottee made a point of stating he was attracted to the company due to the LT producing asset. This is proving to be a much bigger earner than we all thought.

Can he do the same as he did with Qld Gas? He has the assets- 20c to over $5 in a few short years. By his starting date my guess he will be starting at a SP of approx 35c. This could be the start of big things for this company.

Possible multi bagger for 2010. ST traders may start trading this shortly for some major gains on speculation over a Crux ANN. He will wish to start his first 6 months flying- LT income targets being beaten greatly and a good priced deal being made on the Crux asset.

Looking like a great ST and LT buy right now- IMO.