Low share priceHaven't posted here for quite a while, read the posts though!! A lot of brand whining, but a few good ones.
NXO is my largest holding!! I also have 7or 8 other TSX stocks, mostly tech or medical. They are all suffering in varying degrees. This the season for tax loss selling for sure. I've held NXO for many years.
Would I prefer NXO to be a buck, or 5 bucks?? Absolutely!! It is what it is and where it is!! They've made fantastic strides in their technology. I strongly believe they will succeed. Great to have more cash on hand without dilution. Number of shares are reasonable; don't have to worry about a rollback. I believe we have good management who are doing their utmost to make this a success. Except for revenue, there's not much more you can ask for in a junior stock. Big money/shorters will play their games. It's all part of it.
If they drop it to .50, I will buy 10,000 more!! That's it. Onward and later hopefully upward!! Cheers!!