NXL 1.04% $7.60 nuix limited

Ann: Change of Director's Interest Notice, page-38

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  1. 5,284 Posts.
    lightbulb Created with Sketch. 5319
    I thought I'd raise this thread as a cautionary reminder about the unjustified bullishness that sometimes abounds when directors buy stocks. Have a read back at some of the posts above, and then consider:
    • Since Rod bought shares at $5.01 in March 2021 (if he still holds) he would be down -70% on a $500K investment
    • Since Jonathan bought shares at $2.21 in December 2021, he is down -32% on a $77K investment

    Once again, it just goes to show that even fully-informed insiders can't pick the bottom. I'm sure Jonathan is looking at a much longer timeframe than just six months, but the timing of his purchase is even more surprising given he probably had a view by then of how negative the 1H interim report was going to be. That's all folks. Good luck from here.
    Last edited by mondyinvest: 24/01/22
 
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$7.60
Change
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No. Vol. Price($)
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Price($) Vol. No.
$7.71 4565 1
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