NXS 0.00% 20.0¢ next science limited

xt, page-7

  1. 3,927 Posts.
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    Nexus Holders

    the large xrossings in the market yesterday was by one of the underwriters moving stock from one PB ( Princiapl Book) to another internally. No sell down and no big shareholder getting out or new one getting in.

    Also i believe one PB had some stock being used as a stock loan facililty which has now been called in so we may see a short term upside squeeze.

    All fine with the company but a few headwinds when the stock nears 40c as underwriters may sell some of excess stock.

    Upon good news on Crux would imagine an insto taking the line and allowing the stock to move to 50s' +

 
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