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NXM nexus minerals limited

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7.1¢

For all those holders worried about what the next capital raise...

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26/07/22

15:03

Post #: 62733506
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Originally posted by Eddynewcum: ↑

I'll put my 2 cents worth in here as to the current SP.
They took advantage of a much higher SP to raise capital last year. If another capital raise is on the cards it will be at much lower levels this time at current SP of 20c I would expect it to be lower. Maybe 17c who knows. Herein lies the Achilles heel of stocks like these. Having seen this scenario play out many times before. The report today seemed good but failed to push the SP in fact the opposite.

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For all those holders worried about what the next capital raise will be then don’t because in my opinion NXM will no longer exit. That’s how I think this is going to play out. I may be totally wrong but I think the circling sharks have seen enough.

NXM Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

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(20min delay)
Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $42.86M

Open	High	Low	Value	Volume
7.0¢	7.5¢	7.0¢	$23.85K	328.0K

Buyers (Bids)

No.	Vol.	Price($)
3	29931	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	109633	1

View Market Depth

No.	Vol.	Price($)
3	29931	0.070
1	195000	0.066
3	330800	0.065
1	450000	0.062
1	10000	0.056

Price($)	Vol.	No.
0.071	109633	1
0.074	17500	1
0.080	70000	2
0.084	20386	2
0.085	18418	2

Last trade - 15.55pm 27/06/2025 (20 minute delay)

NXM (ASX) Chart

For all those holders worried about what the next capital raise...

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

For all those holders worried about what the next capital raise...

Top Stories

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Monash IVF shares cater 25% – Disaster or deep-value play?

Australia’s gas crisis is here – and dying coal plants aren’t helping

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News