NXL 2.51% $3.49 nuix limited

Got bit hard by the gap down. Bought in mid 3s originally and...

  1. 457 Posts.
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    Got bit hard by the gap down. Bought in mid 3s originally and have coped a decent loss, sold at 2.97.

    20 million shares traded today with 11.5 million from 11am to close price between 2.77 and 2.7.

    I still think we have room to drop given retail will need to digest and process information tonight.

    shit ipo
    Shit management (can't forecast till a month out)

    good industry
    Good product
    Okay multiples

    will probably wait to see how this plays before jumping in but it's definitely more appealing at these rates.

    Anyone have broker data? Would be nice to see who's buying and selling, I'm worried retail might be knife catching for instos given all the recent media exposure (hodl gang)

    good luck all

 
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