I've also been a bit puzzled by the dip also. The Google announcement seemed to be positive more than anything and the headwind risks facing the business don't seem to have changed significantly. My gut feeling was that big part of the story had to be people taking some profits off the table after the new financial year.
I bought another 2000 shares earlier today. My broker reiterated a target price of $9.20 last week.
As always, DYOR.
NXT Price at posting:
$7.20 Sentiment: Buy Disclosure: Held
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