Guys
everybody is smart enough to consider....
To Macquarie at that stage is far from a question of profit. Its a question of credibility. If they leave the boat sink their own credibility will sink together.
NXL its too small to allow them just let the things at it is..
My guess (and not advice).. Macquarie form this day on is our best ally and they will work carefully and closely to guarantee
a) change in board to promote new and credible speakers
b) a some recovery in share price before the end of this FY to don't show a full "cheat" their IPO.
c) they will probably act on daily basis to guarantee certain volume of BUY to doesn't allow the share fall even more in case other sellers are in a mood of...
Im highly positive the worst is behind, in spite I recognize still plenty anger, plenty people with desire of revenge and yes the legal case.
But the number we face today (2.77) is pretty low and leave plenty room to recover towards 4 and still will be pretty bad under the eyes of the IPO Buyers./// But together with new team will create a momentum and a positive vibe to next FY recover the 5.30 and with good news about new customers come back to positive forecast in terms of grow.
CATO
THE MACQUARIE TRAINWRECK: NXL, page-7
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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 |