Is NXM is being shorted and the SP being manipulated ? Insto's / shorters could be pushing the SP down to get a better buy in price on the CR ? Maybe the real value of NXM will start to eventuate ONLY after the Capital raise is done and dusted ? How much will NXM need to raise though as burning $3 million per month is going to need a lot of shares to be sold at these latest prices to raise even 6 months of money. Could be a bigger share dilution than anyone expected even a short time ago now on the cards. Let's hope not. All of these factors are definitely NOT helping the NXM share price. I'm a long time holder though and will see this through to our eventual shareholder payday.
NXM Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
