NXR rise, page-133

Currently unlisted. Proposed listing date: WITHDRAWN

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naturalfibre

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14/05/15

18:02

Post #: 15281798
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Originally posted by Barney82 ↑

A couple of additions:
There are plenty of holders that average not too far from a 5c entry - essentially the same as the options but most of us have no intention of selling our shares yet. So the only reason I see for converting options early would be either a) they need cash, or b) don't have faith in the stock. Those that are b) are nothing more than weak holders so let them option & sell - the SP will take it on the chin. For those that believe that NXR will succeed the best time to option shares is closer to the expiry date.

Also we are just seeing the beginning of a new uptrend (my opinion only of course, look at the charts yourself), which looks set to be rather steep but volatile. IMO we tested the support of this new uptrend today.

And to solve the funding queries regarding the 51% of WBT - a private investor(s) will fill that void without question if the technology is looking successful, which most of us believe it is. Mgmt will be on to that while on the road shows.

So to conclude; hold on to your shares, when you see selling like today evident of an option conversion it's time to top up.

This is all opinion, not advice.

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Nice post Barney.....especially the point about the private investor....I am sure he is already lined up..…..this is going places as we all know....those who are true believers and in for $ not pips....
...looking forward to next week...although it is still only Thursday....

NXR Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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NXR rise, page-133

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