You'd expect the company at some stage to push back on the media coverage. The problem is that the article itself points to the laundry list of crimes and misdemeanours perpetuated by Nuix's former and current executives. The now self proclaimed "serial optimist" can try as much as he likes to demarcate Nuix's past from the present. The harsh reality is that a serious fraud has been committed on the IPO investors and those who subsequently invested in the company, let alone what may happen if the former CEO is successful in his $180 million claim.
I'm surprised the share price isn't sitting at sub 50 cents already. I wonder if it gets there pretty quickly once Nuix's full year result is released in August. If revenue falls 10-15% compared to last year, most of that goes to the bottom line and the share price carnage will only continue.
You'd expect the company at some stage to push back on the media...
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Last
$2.34 |
Change
0.160(7.34%) |
Mkt cap ! $757.0M | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.44 | $2.20 | $4.172M | 1.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 973 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $2.34 | 3633 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.30 |
Change
0.160 ( 5.40 %) |
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| Open | High | Low | Volume | ||
| $2.24 | $2.43 | $2.24 | 1488216 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NXL (ASX) Chart |