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.
I agree it's a significant downgrade and management may have...
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Last
24.5¢ |
Change
-0.020(7.55%) |
Mkt cap ! $71.46M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.5¢ | $48.55K | 190.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 2488 | 1 |
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| Last trade - 15.55pm 19/06/2024 (20 minute delay) ? |
| NXS (ASX) Chart |