By the looks of it, NXL got a speeding ticket of sorts on Friday, but not from ASX, from Nuix board itself.
The confluence of CEO's purchase and The Australian article, a strange co-incidence, set investors buzzing that something is imminent. The board took prompt action and clarified. Kudos to them!
But objectively thinking, Nuix is not in a position to be sold off, unless legal woes see the light of day. Period. We aren't fooling anyone here. Any such bid will be challenged in court as it disadvantages the many plaintiffs.
That said, I feel some investors bought IN purely because the CEO bought IN. The hot air around takeover will fizzle on Monday and Nuix will close again in 70s. I could be wrong...
AIMO. DYOR.
- Forums
- ASX - By Stock
- NXL
- Ann: Nuix Notes Press Speculation
Ann: Nuix Notes Press Speculation, page-37
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.60 |
Change
-0.210(3.08%) |
Mkt cap ! $2.168B |
Open | High | Low | Value | Volume |
$6.55 | $6.73 | $6.53 | $6.262M | 949.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1906 | $6.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.63 | 6143 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1906 | 6.550 |
2 | 9199 | 6.530 |
5 | 30215 | 6.520 |
1 | 41067 | 6.510 |
5 | 10346 | 6.500 |
Price($) | Vol. | No. |
---|---|---|
6.630 | 6143 | 1 |
6.640 | 7643 | 2 |
6.660 | 6143 | 1 |
6.670 | 7043 | 2 |
6.680 | 3077 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
LGP
Record revenue of $10.2 million as European demand drives 40% quarterly growth, with $1 million in operating cash inflow and $0.5 million in cost savings forecast
NXL (ASX) Chart |