NXM nexus minerals limited
Add to My Watchlist 1.64% ! 6.0¢

start a buy back already, page-3

  1. redrockgeo
    10,824 Posts.
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    19/08/15
    18:25
    Post #: 15837388
    So, why would a company raise money and then give it back in a buyback ? I can see why if they had cashflow and were making a profit, but a buyback for a company that only spends money seems totally pointless. If they return the money to shareholders what are they going to spend ?
    NXM Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
6.0¢ 		Change
-0.001(1.64%) 		Mkt cap ! $36.22M
Open High Low Value Volume
6.1¢ 6.3¢ 6.0¢ $161.0K 2.668M

Buyers (Bids)

No. Vol. Price($)
1 20000 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 188995 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
NXM (ASX) Chart
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