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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 Apr 02, 2015 11:23am
101 Views
Post# 23591479

RE:Moody's Feb 27 2015 report on Nordex

RE:Moody's Feb 27 2015 report on Nordex I  agree with Moody's. The matrix they use clearly indicate declining credit situation. I could see that even without reading Moody's. That's why I am not jumping in with both feet to average down  my price for Nordex. Bought some recently, but not too much. May increase my position, depending on performance in 2014.

Moody's also show the need to change management and board.
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