Nuix Vs Palantir, page-59

I feel the class action wont go ahead as it has got no substance, the Shiny lawyers will drop the idea.

ASIC lawsuit in the worst case scenario will result in a monetary penalty for Nuix ($1m max.). The sued directors are already on their way out.

Nuix might get around $10-12 million from Sheehy.

EBITDA is up, customers contracts are renewed.

Nuix product suite is offering AI capabilities and E2E solutions.

Rampiva is in tow with ACV based stock allocation.

2024 is projected to be the beginning of golden period for data forensics industry.

Nuix is FEDRAMP approved with a 'high impact' rating, only a matter of time they get more US gov projects.

AUD is 65c vs USD and projected to go towards 50c in few years. Majority of Nuix customers are US based so more revenue in AUD.

Needless to say, lot of positivity around the CEO and Nuix's future from what I see on Linkedin.

So, $11 would be just a warming up exercise for Nuix SP IMO. $25 by mid to late 2024 seems realistic to me.