Fair comment Matt. Probably too harsh of me to say it’s a ‘red flag’. But I suppose until Nuix provide some guidance and either meet or beat it, there will be a lot of skepticism around their ability to understand their own revenue model.
As a counter view, I would say markets have always been uncertain and will continue to be. Executives get paid the big dollars and issued the cheap options because it’s their job to still make achievable, measurable predictions about their own business in the midst of such uncertainty.
Durian King wants Hot Copper to provide those predictions, maybe he should ask the same of the people running the company he put his hard-earned dosh into.
Cheers
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Ann: Nuix announces FY21 results, page-159
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