TSX:NXR.UN - Post by User
Post by
hawk35on Sep 13, 2024 6:10pm
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Post# 36223223
Things are looking up here
Things are looking up here
The market has given a clear buy signal for Nexus.
Less than a month ago, I posted a comment that Nexus had hit $8.00. Today, less than a month later, the price hit a 52 week high of $9.00.
Nexus management keeps their promises. They sold off some office properties just as they promised. More sales to come before year end. This cash will lower debt putting them in the sweet spot when it comes to growing the business.
And remember this, they have a partner who is willing to sell properties to Nexus and take shares at a price that is higher than the current price. That is what I call confidence!!