I think that you may be right Rafish. There appears to be...

I think that you may be right Rafish. There appears to be limited downside risk now with NXS at this 10c -12c price level. Time will tell but you would be quite the contrarian to suggest that it was not pretty close to the bottom. From a corporate perspective, NXS is being swept clean which is always a good thing. Out with the old, in with the new. I think the market is still a bit uncertain as to what management are planning to do with the balance of the Crux interest after the 2% option has been exercised but it is my guess that something may happen on the acquisition front before we get too far into that process. Trading volumes in the stock are falling which is consistent with setting a market price over a prescribed period. I guess a partial takeover is also not out of the question whereby a suitor would secure control by outlaying far less capital to minimise risk.