NXM nexus minerals limited

Ann: Trading Halt, page-26

  1. 1,068 Posts.
    lightbulb Created with Sketch. 570
    Smart business. If we waited for the diamond results before raising cash, shareholder value would just be sold into and dwindle following the cap raise. Do the cap raise now while big investors have something to look forward to and we may have a small period of short term pain that will be offset by the company making results coming in December.

    Andy/management haven't done too much wrong yet and I think he has nailed this too. We will be better off from it next year. Raising money needs to benefit both parties, not just the company that wants money.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.3¢
Change
-0.006(7.59%)
Mkt cap ! $45.28M
Open High Low Value Volume
7.7¢ 7.7¢ 7.3¢ $38.22K 512.3K

Buyers (Bids)

No. Vol. Price($)
1 185000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 42517 1
View Market Depth
Last trade - 12.23pm 23/06/2025 (20 minute delay) ?
NXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.