NXT Share Discussion Threads

[dafrog] 18/10/2010 07:05

Thanks substp.

[substp] 18/10/2010 06:38

Aye ... heres an easier read ......

[dafrog] 18/10/2010 06:35

Couldn't read all due to bad formatting but ay 125% it was oversubscribed.

[substp] 18/10/2010 06:20

come on DST .......

[deckard] 15/10/2010 17:21

@gnmartin

Nigel, how would you compare NXT with Transense?

[lefrene] 15/10/2010 11:23

gnnmartin, If I wasn't already in the dratted shares I too would adopt your view. Though it's not so much the usb speakers as the battery saving aspect of the Audium chip that looks like it ought to be a goer. You could well be right about insti's that have underwritten at 3p happy to let stock go for 3.5p for an instant profit. If that is happening though I doubt the stock can be transferred until after the end of the offer period, thus the share price remains sat where it is until the placing is complete. share price performance thereafter depends entirely on how advanced JLs' plans are, particularly as we are so close to christmas. I very much doubt though that anything much will become available for this christmas.

If JL is as good as his word the AGM should bring some clarity as to the exact position of the business, and also the true state of the haptics programme.

[gnnmartin] 15/10/2010 11:07

I rather like the USB powered speaker, but I've not dipped in yet. NTX have been such a disappointment for so long that it is hard to believe in them even when the story sounds good.

I'm interested by the share trading. Lots of buys, it seems, but the share price stays where it is. Could it be that some of those with whom shares are to be placed are feeding shares to the market makers at 3.5p? They may well feel a quick 0.5p profit on a 3p investment is worth while. Maybe they are applying for a few top up open offer shares too.

Even if that is happening, it isn't obviously particularly significant.
Nigel Martin

[riverend1] 14/10/2010 17:53

Dumayne

I can't help out myself but have a go posting on MF as well. Someone from there may be able to give you a lift.

[lefrene] 14/10/2010 11:49

stevefoster, I only needed 1750 extra to round up, so hardly a flea bite. Almost reassuring if largish orders are not being filled, suggests that the underwriters actually want to hang on for profit. At least at the AGM holders should learn what the underwriters currently know. I'm betting that the story is pretty good and that JL has been held over the proverbial barrel by the insti's. The icing on the cake would be to learn that there are products ready to go, just waiting for the financial green light for the production button to be pressed.

Regretably I cannot get over there on Monday, so I look forward to hearing from those who can make it.

[dumayne] 14/10/2010 11:40

A very slim hope but worth a try. I would like to attend to the AGM and if possible the pre-AGM get-together. Not able to get there under my own steam and wondered if anyone in the vicinity of Whittlesford near Cambridge could offer a lift

[joeblogg2] 14/10/2010 11:37

robin, it is strange but Barcs must know what is going on and I certainly asked for in excess of 200,000 extra and only allocated 1972.

[stevefoster] 14/10/2010 11:33

@lefrene,

I did the same - just used a few of my excess allocation to (hopefully) round off my eventual shareholding.

[stevefoster] 14/10/2010 11:31

@dafrog,

I have no idea how they came up with the numbers - on two of my ISAs, the allowable excess allocation was shown as 1,131,000 shares each, and on the third, 542880.

Hmm, some simple mathematics reveals that this works out as 87 shares for each share you own.

[robinbell] 14/10/2010 11:31

| Latest time and date for receipt of | 11.00 a.m. on 15 October | |
| completed Application Forms, and payment | 2010 | |
| in full under the Open Offer and | | |
| settlement of relevant CREST | | |
| instructions (as appropriate)

[joeblogg2] 14/10/2010 11:27

from placing rns:
Latest time and date for splitting of Application Forms (to satisfy bona fide market claims only) 3.00 p.m. on 13 October 2010

and my were added today and funds taken as well.

[lefrene] 14/10/2010 11:26

The underwriters might be providing some elasticity in filling peoples boots. I only requested a few extra to bring my holding up to a round figure. The bet is simply that JL is as good as his word and that he can get high volume orders for a very useful device with margins of more than 10 cents.

[isis] 14/10/2010 11:25

2 Rights Issues? They have had about 50 Placings! lol

[robinbell] 14/10/2010 11:24

It would be good if everyones excess application was scaled back that much. I just dont understand how they can know yet!!!

[dafrog] 14/10/2010 11:19

Selftrade added mine on the first day, as I posted here. Doesn't mean that's what you get. No one was able to answer my question as to how that figure was arrived at (or I am on everyone's filter), not even selftrade.

[joeblogg2] 14/10/2010 11:15

Barcs have added excess allocation to my account already:

1972 n/a NXT
NEW ORD GBP0.01 (EXCESS SHS
and the ones

[robinbell] 14/10/2010 11:09

joeblogg2

No one will know their excess allocation until after the close of acceptances tomorrow.

[joeblogg2] 14/10/2010 11:03

dumayne, I think take up will be oversubscribed as I asked for an extra 200,000 and got only 1500!!

[dumayne] 14/10/2010 11:01

lefrene - and some more by the end of trading. Even today it is 'blue' all the way.
Despite the persistent de-rampers giving their opinions year-in-year-out, there are still the majority of NXT shareholders holding on and willing to give James Lewis their support.
This is the 3rd Rights Issue and probably the last and I for one feel confident that NXT will raise the required £8m.
If you can't stand the loss then you should not be party to this type of high risk investment.

[lefrene] 13/10/2010 14:29

Someone fancies a punt on half a million shares there.