As hard as it has been, I have also exited my position. Not that this would have any material impact on the sp, as it was small potatoes in comparison. But to me NXS represented what KAR has become. I truly believed in a 10 bagger but it just hasn't materialised.
Ultimately I think NXS will survive and prosper, but it is going to take time. And if you believe that the market is going to rise in the next 6 months then there are some other attractive opportunities. For the patient I think you'll be rewarded, but I am seeing my other investments jump 30% in a few weeks (thanks to the recent rally) and just think I could get into a few other prospectives and possible get back into NXS once some of the risks have been removed.
It's been a very frustrating time, but I broke a few key rules and became to attached to the stock and couldn't see the pitfalls.
As I said I still believe that when they hook up to STO and finalise the deal with AED, the stock will be significantly rerated. I also think by this time next year the company could be in a very different position and about to drill echuca. But I'm fairly impatient and think there are other ways to make my money work and come back to this stock in the future
I sincerely hope that this gets rerated sooner rather than later as several friends and family have reasonable holdings.
Good luck and will monitor this stock closely
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NXS
next science limited
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.44M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $34.70K | 255.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 903298 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 573588 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 903298 | 0.135 |
16 | 4460741 | 0.130 |
3 | 960000 | 0.125 |
2 | 755000 | 0.120 |
4 | 470800 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 566316 | 10 |
0.145 | 587446 | 6 |
0.150 | 1066000 | 5 |
0.155 | 507692 | 3 |
0.160 | 243164 | 4 |
Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
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