I've been topping up whilst they're cheap. The e/v is bugger...

I've been topping up whilst they're cheap. The e/v is bugger all. I hold another company (MAT) that's almost a mirror image of NXM in the way they are currently trading.

Both companies raised $6.6m @15c late last year and both have since slipped to around 7c.

Both have disappointed shareholders in recent times and both have a strong possibility of being a turn around story. Each also may yet be a cheap merger target if they don't find a way to add some value.

Just my opinion