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Bullboard - Stock Discussion Forum NanoXplore Inc T.GRA

Alternate Symbol(s):  NNXPF

NanoXplore Inc. is a Canada-based graphene company. It is a manufacturer and supplier of high-volume graphene powder for use in transportation and industrial markets. It provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Its Advanced materials, plastics and composite products... see more

TSX:GRA - Post Discussion

NanoXplore Inc > A Big Yawn At Today's NanoXplore Share Price Action.
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Post by 1student on Feb 27, 2024 3:07pm

A Big Yawn At Today's NanoXplore Share Price Action.

As I said, it simply sems that the NanoXplore share price simply can not rid itself of this seemingly godforsaken NanoXplore $2.00 share price handle.

Clearly, whomever purchased GRA.T shares at below $2.00 will naturally bank some ROI; and then, the share price would be made to collapse once again.
It's the old apply, rinse and repeat here with such low daily traded shares volumes.
No steady and marked increases in daily traded shares volumes tells us this is entirely contrived share price action.
Chances are whatever news is to be announced "soon" simply may not be of the kind and quality required to sustain a consistent upward climb and the requisite upward retracing of the NanoXplore share price.
The announcement of a credit facility being locked down, which requires the servicing of an anywhere from 8% to 13% (possibly higher) interest rate payable on capital provisioned by way of perhaps a $120 Million credit facility, may not typically have the intended effect of having the NanoXplore share price catapulted upward to circa $4.60, i.e. not unless . . .?
Comment by Directvoice on Feb 27, 2024 6:10pm
I have to disagree with you 1Student. The today high is higher than the previous January high. I forecast perilously a $3 soon.  $3 is the new $2.  
Comment by 1student on Feb 28, 2024 12:12am
Directvoice, I put my own NanoXplore share price projections on the table some time ago and then afterwards one of the equities analysts following NanoXplore posted his projected NanoXplore share price going forward, a projection which was not far from my own inital call for a $4.60 handle being placed on the NanoXplore share price. Obviously, Mr. Rocco Marinaccio wasn't buying such ...more