Australian (ASX) Stock Market Forum

NXS - Nexus Energy

yeah that may be it ..fascinating stuff human irrational behaviour :)
most people under estimate human behaviour, but I believe this is Charlie Munger and Warren Buffett
speciality and that how they manage to make deal and pick stuff cheap year in year out.

and I am also a better investor after reading a half a dozen or so on these topic

I agree ROE the study of human behaviour is both fascinating and financial rewarding
 
I agree ROE the study of human behaviour is both fascinating and financial rewarding

If of interest, the observation in this thread relates to:

+ Game Theory
+ The Ultimatum Game
+ The Machiguenga Ultimatum Game
+ The Insula Cortex structure within our brains.

In a repeater game, this behavior is actually rational. It just looks crazy in a single shot.
 
On January 7th, 2015, Nexus Energy Limited (NXS) was removed from the ASX's official list following effectuation of the deed of company arrangement entered into between the Company and its creditors and the transfer of all the issued shares in the Company to SGH Energy (No 2) Pty Ltd.
 
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