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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 loosegooseon May 05, 2014 1:50pm
108 Views
Post# 22525362

RE:RE:RE:... one small point...

RE:RE:RE:... one small point...
Agree the Nordex balance sheet at the end of 2011 would not have remotely supported sufficient financing to ramp up their various initiatives and accomplishments over the past two years. Interesting to note that before and during the All-Group financing (Jan. to June 2012) the stock price ranged between a low of $0.365 on March 14, 2012 and a high of $0.43 on May 9th, 2012. Certainly not in the $0.60 range others would like us to believe. It is also ludicrous to suggest Nordex made $1.00 per share in recent history. Such obvious attempts to distort the facts brings into question the credibility of any other such unfounded biased comments and the motivation behind them.
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