Finally some positive and welcome news for a company with a history of the negative and the unwelcome.
Trading below $1 surely factored in at least a 50% chance of Sheehy being successful ( I wasn’t all that optimistic on NXL winning I must admit) so on that basis alone a return to the boards at around $1.20 looks about right.
Then there’s the ‘feel good’ vibe a win like this creates - does wonders for sentiment so there may be more upside to come.
Also a little more realistic (now that the ‘Sheehy shackles’ are removed) is the prospect of a buyout or a takeover.
Nuix is fundamentally well placed in a niche sector pointed towards the future - the execution of the float was just a complete F up and there were lots of other F ups on top of that…..but i think we’ve seen the worst of all that now - and a bottom for the share price.
Well done to those that bought up the stock at around 60c in Oct/Nov last year - you might just clean up big time.
As for the nutty professor - well he’s just in shock - sitting there speechless …covered in popcorn.
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Last
$6.35 |
Change
0.100(1.60%) |
Mkt cap ! $2.086B |
Open | High | Low | Value | Volume |
$6.25 | $6.39 | $6.14 | $8.148M | 1.290M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 11183 | $6.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.35 | 1500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | 6.250 |
1 | 450 | 6.200 |
1 | 4056 | 6.150 |
1 | 1000 | 6.130 |
1 | 652 | 6.120 |
Price($) | Vol. | No. |
---|---|---|
6.350 | 1500 | 1 |
6.390 | 1378 | 1 |
6.400 | 10494 | 7 |
6.430 | 236 | 1 |
6.440 | 21290 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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NXL (ASX) Chart |