NME 0.00% 2.2¢ nex metals exploration limited

I wouldn't worry too much.Not a lot of stock on issue and very...

  1. 2,379 Posts.
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    I wouldn't worry too much.
    Not a lot of stock on issue and very very tightly held by the top 20.

    I'd guess the recent placement stock is washing through.

    MCT getting all the limelight on drilling announcements.

    Lots of retail holders who sat on their positions for a number of years at around 1c now taking the opportunity to get out at this level.

    I don't begrudge any of the above, that's the market, but in my opinion the position and assets of Nex are only getting stronger with continued drill results so at some point the market cap will catch up and show true value.


 
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