Nemex Resources Limited (ASX:NXR) - New Higher High - Higher Low, 14796131, page-301 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by trade4million ↑

Well said redapple.

The tech has evolved into a product and ready to market in the near term. Investors, all short & long term holders would always believe in the company, business and fundamentals. The company has already disclosed half of the prototype testing was successfully completed. All looking good and on track.

Best case scenario is potential multi-bagger from here >$100mil and the worst case scenario is a $50-100mil initially and followed by a gradual increase in the market penetration in the coming months/years. There has been 10 to 15 years of hard work and research behind all this. We all know that Stephen spent last few years exclusively to address all issues of performance, acceptability and cir-cumvention in order to build a matured practical system and make biometric security a reliable and affordable solution to the masses - note the references to China & India in the investor ppt, which accounts for a billion mobile users in Asia alone.

“Trust me, I’ve had every kind of ‘what if’ scenario thrown at me over the past 10 years. I’ve heard them all, and it often still keeps me up late at night. And yet, I still haven’t found a single Achilles Heel in this technology”. - Stephen Mason

What is new on the NXR thread is some lonely hearts causing confusion to create fluctuations and this always happens with any stock that is on the verge of re-rating. I'm sure everyone is pretty bored of all this kind of inevitable garbage on HC on a daily basis. Grrrr !!

All IMO. Good luck holders.

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I've studied some behavioural finance and it's very interesting and you can see how it applies on NXR at the moment.
A few weeks ago NXR looked terrible sitting below 7 cents, hardly any buyers and stacked sell side. Then suddenly we moved above 8 cents again. As we breached 8.8c and made a new 52 week high everyone was cheering.
Now we are all supposed to be depressed because we fell from intraday high of 10.5c to 9.2c, still above the previous breakout. As martis mentioned on the chart thread, it broke out for a reason.
Unless the news is not well received it makes no sense to think this is it, it's all over and we will fall back to 5 cents. Too much progressed has been made and after phase 2 the company can really start to make the rounds, here and overseas.

And as mentioned we've had no blowoff top, no insane rises like MNW, PSY, MBN and that crazy CYP. Sure, I wish we had those crazy punters in NXR but no. It's been a bit choppy with consolidations and corrections.

And when it comes to behavioural finance HC also makes every emotion worse. Sometimes it's good just to take a break.
I am 100% sure even PDN looked awful many times as it went to $10 during the mining boom.