NXM nexus minerals limited

@gozberg agree that is what they have to do, but I think it...

  1. 201 Posts.
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    @gozberg agree that is what they have to do, but I think it actually gets quite interesting @robbo24

    Given the massive price movement, if the Payns drill results are ONLY released after the options expire, and they are sensational and the stock price moves...NXM / AT will have some serious questions to answer, from options holders and from ASIC and the ASX.

    Given that they have those results, and they could release them prior to the expiration of the options. Then not doing so, especially when there has been the unusual price and volume movement, and given their response to the ASX, really opens them up to all sorts of legal issues.

    It may become irrelevant whether the leak, if there was one, came from NXM. The circumstances are what they are, and he needs to adapt to it.

    For whatever reason the price moved and on relatively significant volume. If I was AT, I would be doing all the "analysis" I need to do, and getting those results released.

    Will be very interesting to see how the next week unfolds.
 
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(20min delay)
Last
8.2¢
Change
-0.002(2.38%)
Mkt cap ! $49.50M
Open High Low Value Volume
8.2¢ 8.2¢ 8.2¢ $150 1.833K

Buyers (Bids)

No. Vol. Price($)
1 48167 8.2¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 20386 2
View Market Depth
Last trade - 14.11pm 16/06/2025 (20 minute delay) ?
NXM (ASX) Chart
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