Ta wise NXT has been in a significant up trend for some time plus 63 per cent up in 2016 alone till today's dump
Probably will consolidate around the 3.70-3.80 level for awhile before resuming the uptrend
Often pull backs of 10--15 per cent are common in stocks with a very strong uptrend like NXT
it's a healthy thing an gives one a chance to buy in on the dips
NXT have been flagged by Analysts as a high growth company so the chance to buy stock around the same price as the retail offer is a bonus an I think you will see some strong buying of that level
Today's drop is brutal but I suspect people are taking some profit to buy the rights issue
If you belueve as I do this is one of the best growth companies on the ASX then days like this are gold for the future
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