The AFR report today has savaged NXL and its disclosures and claims during its IPO as a whole. It raises more questions than answering around the running of NXL. Some catchy points are that NXL
was fattened for the IPO and there was too much lipstick applied on the pig and that there are clauses in the IPO that give the management a get-out-of-jail card for virtually anything that may go wrong with the company.
To me this is an alarming. It no longer seems like an overreaction to a small slip in sales
target. There is something deeply rotten with NXL.
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Last
$2.06 |
Change
-0.030(1.44%) |
Mkt cap ! $681.3M | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.13 | $2.06 | $1.383M | 666.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4013 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.11 | 4500 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| NXL (ASX) Chart |