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Word has it there has been massive support for the raise. Sorry...

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Smurph

1,371 Posts.

136

02/04/20

22:41

Post #: 43851382
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Originally posted by Smurph ↑

My thoughts on this comment, a very reasonable concern. With under 3 months left in the FY, I think it wouldn’t make sense to upgrade guidance at this point. Much better result to go 5 million over guidance than upgrade 10 million and go under. The 6+ MWs sold this half are fantastic (>10% of sold MWs total) and it’s happened in the last 3 months. I’m predicting a lot more to follow before this FY is finished. I think the Cap Raise price today is pretty reasonable, and as I have done since 2012 will be participating. Lastly, after this placement/cap raise, NXT will have over 1 billion in the kicker. On a side note, the notes that are expiring mid year can only be a good thing, a lot of cheap money around means they will be reissued at a lot more favourable rate. Was only going to hold for 10 years but may have to go 20. Gltah

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Word has it there has been massive support for the raise. Sorry can’t provide a link

NXT Price at posting: $9.18 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $17.64		Change 0.050(0.28%)		Mkt cap ! $10.59B

Open	High	Low	Value	Volume
$17.86	$17.90	$17.64	$13.52M	762.3K

Buyers (Bids)

No.	Vol.	Price($)
3	6391	$17.64

Sellers (Offers)

Price($)	Vol.	No.
$17.72	1431	1

View Market Depth

No.	Vol.	Price($)
1	2536	17.640
1	3525	17.630
3	4807	17.610
2	350	17.600
8	5339	17.590

Price($)	Vol.	No.
17.740	3525	1
17.760	18127	4
17.780	6416	2
17.790	2606	1
17.800	4711	2

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last $17.67			Change 0.050 ( 0.09 %)
Open	High		Low	Volume
$17.87	$17.90		$17.66	181727
Last updated 15.59pm 27/05/2024 ?

NXT (ASX) Chart