I agree it's a significant downgrade and management may have become overly optimistic after some good results that followed a unexpectedly difficult year for them because of COVID. But it just comes down to, for me, whether there is a reasonable chance that revenue will grow over time. NXS is doing that, despite the downgrade, even if they just meet the US$3.5 target. Hopefully they will do a bit better than that.
Ann: Update on expected revenue for H1, page-32
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $84.59M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 27.5¢ | $25.44K | 88.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 26.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 12840 | 2 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |