Does that imply that everyone who is long here, is trying to talk the stock up?
Nah, no short position as yet... clearly the market is euphorically in love with stuff like this, and any other company that is even remotely connected to AI.. Shorting now would be brave!
A short position may well make sense in time though!
I am bemused by the euphoria however. I am trying to understand it more.
I don't think generally people seem to understand how capital intensive this business is, and how skinny the margins/net returns are.
LASTLY: anyone who thinks a random posters comments on a small forum, could possibly influence the share price of a 10B company, is not very experienced...
Ann: Half Year Results Announcement, page-34
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Last
$17.92 |
Change
-0.430(2.34%) |
Mkt cap ! $10.76B | |||
| Open | High | Low | Value | Volume |
| $18.34 | $18.37 | $17.70 | $28.72M | 1.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5099 | $17.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.95 | 28314 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NXT (ASX) Chart |