I successfully got out of this dog, with a tidy profit, earlier this year.
My mistake was to go back in. There is no way "uncertainty in the geopolitical landscape" is responsible for pulling full year guidance, which was confirmed to be at the lower end of the 11%-16% range only 30 days ago
The company is not performing. Time for a new CEO.
Oh, and they have also pulled their commitment to being cash flow positive this year, according to the AFR, as well as their claim that revenue growth will be faster than operating expenses growth.
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Last
$2.36 |
Change
-0.015(0.63%) |
Mkt cap ! $788.7M | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.40 | $2.26 | $691.4K | 295.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4113 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 4532 | 13 |
View Market Depth
| Last trade - 11.29am 01/08/2025 (20 minute delay) ? |
| NXL (ASX) Chart |