@tyson D given it went below $5.70 I bought 10,000 units today. wasn't expecting it to get to this level today.
This is all to do with the Fed Reserve raising interest rates. I believe there is a lot of volatility ahead and can certainly see NXT in the low $5. There is minimal risk of the stock going to go up. Only a takeover or insto's buying the stock will do that and none of them will be working over the holidays.
I believe US Fed Reserve have stuffed up the interest rates and it will come down again which should support the growth stocks like NXT. All the leading indicators of Oil prices, Automobile stocks, Housing stocks, yield curve inverting are pointing to a weakening economy and low growth rates.
@tyson D given it went below $5.70 I bought 10,000 units today....
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Last
$16.39 |
Change
-0.040(0.24%) |
Mkt cap ! $10.47B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.44 | $16.21 | $4.081M | 249.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2152 | $16.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.40 | 2369 | 26 |
View Market Depth
| Last trade - 13.43pm 05/11/2024 (20 minute delay) ? |
| NXT (ASX) Chart |