Hokey, whilst I would like to see something from NXT to steady the sell-off, I'm pretty sure that companies (especially ASX200 companies) would want to avoid putting out announcements merely to try to address the decline in their share price. Where do you draw the line between fulfilling your continuous disclosure obligations and share price manipulation?
If nothing's changed at the company and the market has simply reacted to recent world events with a flight of capital to safety, there's nothing for NXT to update on and the savvy investor can pick up a quality stock cheap (like I just did!)
Matt
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Last
$14.19 |
Change
-0.150(1.05%) |
Mkt cap ! $9.087B | |||
| Open | High | Low | Value | Volume |
| $14.51 | $14.63 | $14.17 | $35.40M | 2.482M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 32553 | $14.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.28 | 100 | 1 |
View Market Depth
| Last trade - 16.15pm 27/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |