targwe of short selling, page-6

To me it certainly looks like Nexus' share price has been forced down and tried to be kept down. The same thing was happening with SDL's share price just before Hanlong's takeover bid.

If Shell is interested in taking out Nexus now is probably the best time. They've got their debt under control, Longtom is functioning properly, they haven't as yet found a partner for CRUX (though maybe their close) and the share price is only 30c. Which is about the same price it was last year when the Shell takeover was last rumoured. But Nexus is certainly in a more stable state than last year.

If Nexus finds a partner for CRUX it'll be too late for Shell. SDL was in a similar position, it was nearing the selection of a partner for it's iron ore project which probably forced Hanlong's hand.