NXM nexus minerals limited

- Removal of management - Install an aggressive, experienced...

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    - 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)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.