Just a thought on the run up to 21 cents, the bonanza grades were released on the 7th December and the SP did little with volume of 11 million shares traded , the share price had peaked in the first week of November touching 21 cents, the cap raising was announced on 17 November, the question in my head now and making me a little disappointed in my trading is, was NXM pumped just for the cap raising?, the people claiming NXM would have been higher if not for the raising are mistaken imho, no way it was worth more at that stage, ie before bonanza results released.
I still hold all mine, 300k plus shares av 11 cents, i just think i could have handled it better and seen the what was happening , dont get too attached they say..
NXM Price at posting:
8.9¢ Sentiment: None Disclosure: Held
