I'm not necessarily convinced. I get that a turnaround takes time but to be honest, all they've really done since the new CEO came in is refresh the team. They haven't actually done anything materially beneficial to the financials of the company.
I would have thought that the large investment in R&D would have yielded at least something to put to shareholders today but nothing.
I'm actually quite surprised that nobody asked any questions today. I think management were let off the hook too easy on this one.
I get they can't talk about the court cases but at least put something to ease shareholder fears.
Ann: FY22 results and strategic refresh update, page-24
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Last
$2.34 |
Change
0.160(7.34%) |
Mkt cap ! $773.2M | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.44 | $2.20 | $4.172M | 1.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 973 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $2.34 | 3633 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.30 |
Change
0.160 ( 5.40 %) |
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| Open | High | Low | Volume | ||
| $2.24 | $2.43 | $2.24 | 1488216 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NXL (ASX) Chart |