Firstly, being a conservative investor has nothing to do with how long one holds a stock. There's a difference between a conservative investor and a long term investor. As I mentioned, I just don't like holding stocks which show negative earnings for more than a few years if it has a certain market cap.
Secondly, you presume I have only held the stock for a short period of time?
Anyway, immaterial thoughts at my end. I don't want to sound like I'm overly negative because I do think NXT is a good business, and it is likely that the capex investments today will pay off down the track. I'm holding for now, but will review periodically.
GLTAH!
Ann: FY21 Results Announcement, page-40
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Last
$15.65 |
Change
0.270(1.76%) |
Mkt cap ! $9.397B | |||
| Open | High | Low | Value | Volume |
| $15.62 | $15.78 | $15.41 | $26.76M | 1.711M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 320 | $15.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.69 | 150 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| NXT (ASX) Chart |