NXS 0.00% 20.0¢ next science limited

one possible scenario, page-98

  1. 529 Posts.
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    its amazing how people who get burnt by a stock have such an urge to downramp it at any chance.

    Mitsui offered 250million for a 25% stake in crux. Even in a firesale situation if Nexus had to sell 50% of crux for the same price of 250million they would retain a 35% stake in Crux AND have extinguished all of the Longtom debt while keeping 100% of ownership in Longtom.

    LT at ~ 300million is around worth ~50 cents a share. Then you have Ecuha Shoals etc. And like others have mentioned its not like it all hinged on a drill result and it came up empty. The gas is still there. Its a delay at worst. Ride out the storm, sell in a years time and take advantage of your CGT discount. But yeah im sure the inside traders would love to pick up a few shares on the cheap from inpatient sellers. I am waiting for an ANN from the company.
 
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