NXS 4.08% 23.5¢ next science limited

who ? and why bother until SEDCO is dealt with ?- if SEDCO is a...

  1. 187 Posts.
    who ? and why bother until SEDCO is dealt with ?

    - if SEDCO is a big loss (which I strongly doubt) then NXS is crippled and you wait for the administrator & then pick off the assets cheap
    - if SEDCO gets resolved for little or small impacts (which i expect but it will take time) then you wait and move in then

    - if the argument is that once SEDCO gets resolved the share price doubles - yep maybe but why haven't they (whoever) moved in already...they have had plenty of time and opportunity to buy
 
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