Feb. 9 at 1:46 PM
$NEXN IMO - 10usd is not an expensive proposal.
market cap ~334mil usd (friday share price ~6), p/s ~0.9, cash position q3 ~117mil usd. if we would remove cash from market cap, p/s would be ~0.6; det almost none, just 32mil usd (q3)
adjusted p/e ~8.5
10 usd is not a real proposal, but more a "take this 10 and we would earn 10 more after new IPO year later or when we will sell it later to someone"