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
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
-0.015(7.14%) |
Mkt cap ! $56.88M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 19.5¢ | $69.72K | 342.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53999 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 59936 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |