Honestly the one person I wanted to save from this expensive trap is you mate!
Reading some analysts & brokers report, what else my expectation would be from a market leader in the industry is simple, they need to post a decent size upgrade which states more than 25% growth in H2 instead of prospectus forecast and get its “market darling” status back. They are more than capable to do that.
In short term, if Nuix was valued $5.3 on prospectus forecast then market will drag the SP back to 5.3$ or may be lower because they missed H1 by 4%.
The other concern I have whether the raise was so poorly subscribed that Mac bank eventually have to buy 75% stake in the company and then dumped 50% within two months of IPO. I need to dig it more!
Interesting to learn how this pan out in next few months.
Ann: H1 FY2021 results announcement, page-92
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Last
$2.12 |
Change
0.080(3.92%) |
Mkt cap ! $682.6M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.14 | $1.98 | $1.033M | 497.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24363 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.14 | 6000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.14 |
Change
0.080 ( 4.49 %) |
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| Open | High | Low | Volume | ||
| $2.02 | $2.14 | $1.99 | 49424 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| NXL (ASX) Chart |