I think this holds at the $8 or $9 levels until next set of bookings numbers presented to the market. I am expecting solid results as Q1 was ahead of forecast. Mid term I see this as a $10-15 stock by end of 2021, longer term a hold.
New found cash from listing may fund strategic acquisitions as CEO Vawdrey performed many M&A when he was leading Fujitsu in Australia and likes acquisition as a growth strategy. IMO
SP goal?, page-3
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Last
$6.54 |
Change
-0.080(1.21%) |
Mkt cap ! $2.149B | |||
| Open | High | Low | Value | Volume |
| $6.60 | $6.60 | $6.45 | $11.81M | 1.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80 | $6.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.57 | 5351 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| NXL (ASX) Chart |