NXL 5.38% $6.15 nuix limited

$7 party!!!, page-67

  1. 1,780 Posts.
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    The truth is , I don't actually know Roast but I do know a couple of things about stocks that become multi baggers ( 10's thousand % gains ) and this information can be helpful in "increasing the odds "
    Multi baggers are generally newly listed entities that inhabit a very niche industry. In the case of NXL, it is the only stock on our market that has such an overwhelming presence in data scrutiny/investigation. It was strongly supported by MQG in the IPO and was heavily oversubscribed @ $ 5-31 per share. The stock roared to $11-20 before the bad press etc set in and subsequently fell to 47 cents. I missed the bottom but managed to snap up 100K @ 68cents.
    With newly listed entities the market struggles to value them, like during the afterpay IPO ( $2 to $170 ). Any hint of a profit in a niche industry can send a stock to unimaginable heights ( Poseidon 1960's went from 20 Cents to $280 during the nickle boom ) . Solution 6 and Davnet went from 17cents to $18 and 6cents to $6 during the tech boom.......both newly listed in niche tech industry.
    So , I would not be surprised to see NXL soar to heady heights of > $ 100 if all the stars align ........and that is not " out of the question ".
    Either way, todays $6-90 is not attractive to me at all, I do expect to see NXL in the Teens or > $20 in the next year or two.......and you can hold me to that!!!
 
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Last
$6.15
Change
-0.350(5.38%)
Mkt cap ! $2.021B
Open High Low Value Volume
$6.37 $6.37 $6.11 $17.10M 2.755M

Buyers (Bids)

No. Vol. Price($)
2 19149 $6.14
 

Sellers (Offers)

Price($) Vol. No.
$6.17 8632 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
NXL (ASX) Chart
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