Nordex Explosives Ltd V.NXX

STOCK GOING UP???? FROM 60 cents to 52!

[withoutabias]

The key  price reference point in share prices of Nordex is when the All Group proxies on the board snookered existing shareholders by massive dilution. The Nordex stock was trading at about 60 cents at the time, the board offered massive number of shares  shares at a private placement at 45 cents. Which was a discount to both the book value and the market price! Sure enough, as I predicted,  the shares dived . I bought mine at 40 cents. 

The sales are up nicely as everybody predicted, including myself. But with the dilution they appeared to be heading for anualized sales of a little over a dollar per share. Amazingly, we had that for Nordex in the past, with much less shares outstanding.

Only abnormal minds can conclude that shares are going up when they are trading below 60 cents, when the debacle of All Group began.

[AbNormAl]

Didn't say  I was satisfied with the current stock price. Far from it.  I can say that I appreciate today's bounce based on favourable sales over stagnant (read:depressing) past performance and opaque press releases telling us of fuzzy jv activity with an undisclosed western partner (why bother with that release!).  As a holder of the stock for a couple years now I am most

[withoutabias]

You certainly picked a right nickname for yourself. Abnormal perfectly describes your evaluation skills. Or, perhaps, you are a new, naive kid on the block. Or, to borrow from eastern religions, you are a living proof of reincarnation - Nobody can get that silly in one lifetime. I have to give you a credit for one comment about fuzzy jv activity with undisclosed western partner. Indeed, why