This is insane market over reaction.
If the ding dong won the case 100% , the damage is $61 m according to the announcement.
Today price action 317,315,000 shares on issue x $0.215 = $68.2 m
So the market decided NXL lost the case, it is insane by any standard
Ann: Former CEO Proceedings, page-15
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Last
$5.46 |
Change
0.010(0.18%) |
Mkt cap ! $1.806B | |||
| Open | High | Low | Value | Volume |
| $5.38 | $5.53 | $5.35 | $9.493M | 1.734M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2162 | $5.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.46 | 2566 | 5 |
View Market Depth
| Last trade - 14.58pm 18/09/2024 (20 minute delay) ? |
| NXL (ASX) Chart |