RE:RE:RE:RE:RE:RE:RE:This what NXO does…Yeah
the downer is if ever they do get funds it will come at a hefty price.... Tbills are paying 4.5% interest right now at 0% risk so anyone who would be crazy enough to invest big funds in NXO would want the shares at a Huge discount to make it worth it ...
Only way i would see that happening is a 40-1 Reverse split which would being the price to 80 cents
The PP would then be priced at 20 cents per share or 75% discount to current share price.
this is the only way I think they could pull it off .... and thats a HUGE IF ....
But to be faire ( again ) this is only my opinion and I dont claim to know for sure or even be right. Its only the way i see things with numbers im inserting based on my " educated guess "
I could be way way wrong or I could be on target.... I have no idea.