NXL is not following the overall market, could be a green day today.
Part of ASIC's role is to ensure in the wake of these Director/Company/Governance failures that action is taken by the Company and it's Board to restructure and pull it into shape. We have seen this happen now piece by piece across the last 2 years. I'm sure Macquarie, Legal even ASIC itself have assisted in this process. ASIC's role is not to see these successful Australian businesses go broke. All IMO.
Someone said earlier follow the business - look at their LinkedIn page, their X posts, their marketing, their business events, speak to their clients and their industry.
Hang in there LTH's.
NXL Price at posting:
$1.60 Sentiment: Buy Disclosure: Held
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