NXR 0.00% 2.0¢ nemex resources limited

New Higher High - Higher Low, page-300

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 1,212 Posts.
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    Don't forget that nxr is trading at pretty much fair value at circa 9c. Average market cap of similar companies to WBT in this field is around $45 mill. Nxr even with 51% of WBT ( which is still some time away) fully diluted would only have a market cap of circa $22 mill. What we really need is solid earnings potential and I guess that we will have some idea of that with the next announcement. Anything else is pure spec and in a risk averse trading world the market is going to need something a little more solid than what we have now.
 
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Currently unlisted public company.

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