Don't get me wrong, I'm all for this expansion and may even participate in the spp. I do however have my suspicions about the lead up - share price rockets up to ATH in a time of massive volatility and uncertainty in world markets (sure the cloud story is legit, but it still seemed somewhat strange), a couple of instos reduce their holdings (early insight into the upcoming raise perhaps - I'm not sure how these things work in insto land...), and then we have a cap raise.
I'm a long term holder, long term believer in this stock, but just find the above confluence of events a bit unsettling (maybe I'm simply being naive).
Ann: Capital Raising - Investor Presentation, page-7
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Last
$17.79 |
Change
0.230(1.31%) |
Mkt cap ! $10.68B | |||
| Open | High | Low | Value | Volume |
| $17.81 | $17.83 | $17.52 | $27.83M | 1.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18172 | $17.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.79 | 19877 | 2 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$17.70 |
Change
0.230 ( 1.09 %) |
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| Open | High | Low | Volume | ||
| $17.83 | $17.83 | $17.52 | 149906 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| NXT (ASX) Chart |