- Removal of management
- Install an aggressive, experienced board
- Buy back 10% of the register ($800k) - stock trades at least 10c and leaves company $5-6M
- Find a project for $3.5-5M and leave $1-1.5M for overheads
We would then have 10c stock minimum, new project, confirmed catalysts and no overhang.
You can't punt your entire cash balance on a project. Last drilling dropped the stock price. Now is the time to spend cash to buy back stock whilst the market isn't interested, then go after a nice project when it's 10c and a very tight register (only 67.5M shares on issue)
- Forums
- ASX - By Stock
- start a buy back already
NXM
nexus minerals limited
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6.0¢

- Removal of management - Install an aggressive, experienced...
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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($) | Vol. | No. |
---|---|---|
6.0¢ | 188995 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.059 |
1 | 200000 | 0.056 |
1 | 500000 | 0.054 |
1 | 550000 | 0.052 |
1 | 60000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 188995 | 1 |
0.063 | 12754 | 1 |
0.067 | 95000 | 1 |
0.071 | 130000 | 1 |
0.072 | 387506 | 2 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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NXM (ASX) Chart |
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P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
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