NXM nexus minerals limited

NXM the next multi bagger, page-1766

  1. 201 Posts.
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    I haven't had the time to read the explanatory statement until now, and only did because of this comment. I am not at all fussed by it to be honest. The issue price and number of options seems to be very fair and reasonable...which is so rare in the micro/small cap space. More often than not the board pillage options (just have a look at a stock like HWH). Based on the calculations, if the share price remains at $0.4, they're looking at an exercise price of about $0.58.

    For those playing along at home the relevant information is located at page 17/18 - https://hotcopper.com.au/threads/ann-notice-of-annual-general-meeting-proxy-form.6337670/

    Long story short, I completely agree with you @Fosss. I cannot see any price sensitive announcements / drill results prior to the AGM. Happy to be proved wrong though.

    Again, I am not fazed by this and am completely behind the board/company. For the options to even be in the money the share price has to bump circa 50% from current levels. If that doesn't give you a good feeling, I don't know what will.

    Relevant extract below.


    https://hotcopper.com.au/data/attachments/3758/3758041-9b35bade054ec6d73df774645351ffcb.jpg
 
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Last
7.9¢
Change
0.002(2.60%)
Mkt cap ! $47.69M
Open High Low Value Volume
7.7¢ 8.0¢ 7.6¢ $65.23K 824.4K

Buyers (Bids)

No. Vol. Price($)
1 25000 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 100000 1
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Last trade - 15.31pm 20/06/2025 (20 minute delay) ?
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