yep, the market can definitely be mysterious. I reckon some were hoping this would do a PSY and run to 50 cents. It didn't and now they think it's a a dog.
NXR will likely run without news, like MBN and MJP, once it settles down a bit. Of course, I have rarely seen a stock so out of sync with its fundamentals than MJP. I keep mentioning MJP but I find that one a very interesting phenomena.
Anyhoo, I doubt NXR will fall too much. Fundamentals are moving forward and if this isn't worth at least double by end of phase 3 then I will be shocked. If it stays at this price and unless we have all been duped then someone will buy them out.
But by all means trade this stock, it's a decent trading stock.
Ann: Biometric Technology Achieves Industry Leading Performance, page-121
Currently unlisted. Proposed listing date: WITHDRAWN