It trades below cash backing because there is no catalysts and there is dead wood on the register
Anyone selling at 5-6c is a lemming and a new project won't stop them. They need to be removed
The company should put a bid for 7.5M (10% of stock) on at 6c and see what happens. That is $450k, I guarantee it will have far better results than the $400k spent on drilling
You're also misleading people with LMR. They initiated their buy back on 24/11/2014 when the SP was 3.1c (40-50% discount to cash). The takeover bid came on 21 May 2015, the last traded price was 5.8c prior to that day. Hence the buy back added 87% to the share price
Feel free to blindly support management, but let's not mislead people with your dribble
Happy to count your votes and everyone else's, that's the point of a S249D. I'm guessing you'll be part of the minority though, check out how dispersed the register is. Sooner a vote is called the better, only a matter of time now
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- start a buy back already
NXM
nexus minerals limited
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1.72%
!
5.7¢

It trades below cash backing because there is no catalysts and...
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $34.41M |
Open | High | Low | Value | Volume |
5.7¢ | 5.8¢ | 5.7¢ | $125.0K | 2.172M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14396 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14396 | 0.057 |
2 | 183377 | 0.056 |
2 | 140000 | 0.055 |
1 | 300000 | 0.054 |
1 | 1000000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 90000 | 1 |
0.061 | 190000 | 1 |
0.062 | 87698 | 1 |
0.063 | 12754 | 1 |
0.067 | 95000 | 1 |
Last trade - 15.31pm 30/07/2025 (20 minute delay) ? |
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NXM (ASX) Chart |