Not really - a lot of the insto investors would have sold near the highs - i think a lot of the losers would be retail investors who bought at the $10 or $11 mark who would have seen the price drop bad (a lot of instos who were allocated the IPO would probably have sold part or all of their holdings when the price doubled).
I really hope ASIC does its job and does a thorough investigation on NXL key employees and Macquarie and files some criminal charges. Its time the Millionaires Factory was reined in but am not holding my breath on this happening especially with Scotty-from-marketing and Joe Frys-and-burger on the helm.
THE MACQUARIE TRAINWRECK: NXL, page-53
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Last
$7.55 |
Change
-0.190(2.45%) |
Mkt cap ! $2.481B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.59 | $7.33 | $8.312M | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 864 | $7.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.56 | 2389 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| NXL (ASX) Chart |