Brokers tend to make majority of their money from capital raising fees, so they tend to recycle funds and put clients in new capital raises. I do note that the research team still has a buy on the stock so I don't think this is a firm wide decision, probably more like a couple of brokers within the firm.
Brokers tend to make majority of their money from capital...
Add NXM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.3¢ |
Change
0.004(5.80%) |
Mkt cap ! $28.40M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.5¢ | 6.9¢ | $127.6K | 1.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 40241 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
7.3¢ |
Change
0.004 ( 5.80 %) |
||||
| Open | High | Low | Volume | ||
| 6.9¢ | 7.5¢ | 6.9¢ | 198529 | ||
| Last updated 15.24pm 07/05/2024 ? | |||||
| NXM (ASX) Chart |