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Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Comment by tayjon80on Jul 14, 2015 12:58pm
249 Views
Post# 23922439

RE:RE:New Control of Nordex

RE:RE:New Control of NordexJust noticed the last PR...debentures are convertible at holders discretion...so yup, a pretty big stick. When you consider that BoC prime is about to hit 50bp, well 11% is pretty expensive debt. Company did grow from $1m to $20m in the last 10 years....somebody must have a clue.
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