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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 withoutabiason May 08, 2014 11:13am
116 Views
Post# 22538674

RE:RE:RE:splitting hairs so who cares?

RE:RE:RE:splitting hairs so who cares?Still can't swallow apologizing for posting a lie here? By doing so you totally discredited yourself.

What you are saying now is totally irrelevant, and actually silly. In your calculations you should include  the self serving private placement at 45 cents (yes , these were actual sales of shares, below market to a chosen few) , when the stock was actually trading at 60. That would lower your number.

The 100% dilution did  hurt existing shareholders. The fact that the number of shares traded went up reflects the fact that the number of shares went up and the dumping of shares by those that who doubt credibility and integrity of current board and the CEO. This, in spite of attractive product lines and business prospects.

If you had a confidence in the current board you should be loading up. I would , if I did not worry about All Group bboys screwing up a good thing. I am a shareholder, and bought my at around 40 cents, after private placement at 45 as I indicated here prior to actual buys ( I would not pay anymore than the "chosen ones"). I will keep them for a while in spite of my total lack of confidence and respect for current  Board and the CEO. Simply because the business model established by previous boards and CEO John Kozak is attractive. Hopefully, one day someone will shake the tree and kick bums out.
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