NXR
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0.00% 2.0¢ nemex resources limited

Nice chart, page-211

Currently unlisted. Proposed listing date: WITHDRAWN
  1. Ryphil
    4,382 Posts.
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    11/11/14
    11:05
    Post #: 14268315
    I think they need a CR to complete 51% take up of WBT and give WBT the funds to complete the next 6 month phase of development.
    Considering what they paid for 10% of WBT this could cost them upwards of $1.2m imo.
    With so few shares on issue any CR of that size will cause big dilution - 40% plus.
    NXR Price at posting: 6.2¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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