I'm inclined to agree DF. All the noise at the moment is creating a opportunity in my view. At the end of the day the share price will be dictated by customer satisfaction, in addition to and Nuix's growing customer/contract base. The alleged corporate legislation issues and media driven investigation in Australia really has nothing to do with a customer seeking (or maintaining) the Nuix engine as their tool of choice. Nuix is extremely well-positioned and has a unsurpassed engine. The continual improvement of their engine and their preferred tender status on bids is key.
I have re-read the recent announcements in conjunction with the Macquarie Conference Presentation. Again, as painful as the adjustments to FY21 forecasts were relative to the IPO date, they are understandable, and also will provide for more predictable indicators in FY22.
My opinion. DYOR
I'm inclined to agree DF. All the noise at the moment is...
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Last
$3.49 |
Change
-0.090(2.51%) |
Mkt cap ! $1.129B | |||
| Open | High | Low | Value | Volume |
| $3.56 | $3.61 | $3.43 | $2.593M | 743.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $3.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 2633 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NXL (ASX) Chart |