It trades below cash backing because there is no catalysts and there is dead wood on the register
Anyone selling at 5-6c is a lemming and a new project won't stop them. They need to be removed
The company should put a bid for 7.5M (10% of stock) on at 6c and see what happens. That is $450k, I guarantee it will have far better results than the $400k spent on drilling
You're also misleading people with LMR. They initiated their buy back on 24/11/2014 when the SP was 3.1c (40-50% discount to cash). The takeover bid came on 21 May 2015, the last traded price was 5.8c prior to that day. Hence the buy back added 87% to the share price
Feel free to blindly support management, but let's not mislead people with your dribble
Happy to count your votes and everyone else's, that's the point of a S249D. I'm guessing you'll be part of the minority though, check out how dispersed the register is. Sooner a vote is called the better, only a matter of time now
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NXM
nexus minerals limited
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6.1¢

start a buy back already, page-26
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Last
6.1¢ |
Change
0.002(3.39%) |
Mkt cap ! $36.82M |
Open | High | Low | Value | Volume |
6.0¢ | 6.1¢ | 6.0¢ | $88.19K | 1.462M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 12754 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.061 |
2 | 235415 | 0.060 |
1 | 88000 | 0.059 |
4 | 897233 | 0.058 |
2 | 750000 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 12754 | 1 |
0.067 | 95000 | 1 |
0.071 | 130000 | 1 |
0.072 | 374506 | 1 |
0.080 | 14285 | 1 |
Last trade - 15.30pm 07/08/2025 (20 minute delay) ? |
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NXM (ASX) Chart |