No matter which way you look at it NXL was not in a fit state for listing when it did so in late 2020.
It was rushed, it was opportunistic, it’s financials were dodgy.....and clearly there were a whole lot of shady and dodgy characters in and around it. Why isn’t Macquarie being held to account ?
My exposure is not as great as it once was but I still have enough skin in this for it to hurt.
If Macquarie had an ounce of decency they would step in .....MQG is a $140B goliath. NXL’s market cap is now a pathetic $450M. MQG could start buying into the stock and easily drive the price back up to $3 or $4.
As a PR/Goodwill gesture they could even announce a ‘takeover’ offer (ie effectively take the business back in house) at say $4 ......most investors would happily accept that.
Such moves would cost them peanuts in comparison to their market cap.
- Forums
- ASX - By Stock
- NXL
- Macquarie’s Bastard Child
Macquarie’s Bastard Child
-
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXL (ASX) to my watchlist
|
|||||
Last
$3.35 |
Change
-0.025(0.74%) |
Mkt cap ! $1.083B |
Open | High | Low | Value | Volume |
$3.37 | $3.45 | $3.34 | $1.160M | 342.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 10831 | $3.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.35 | 453 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 10831 | 3.340 |
13 | 11329 | 3.330 |
11 | 26871 | 3.320 |
7 | 8912 | 3.310 |
7 | 4100 | 3.300 |
Price($) | Vol. | No. |
---|---|---|
3.350 | 1087 | 3 |
3.360 | 4641 | 13 |
3.370 | 19369 | 12 |
3.380 | 19000 | 7 |
3.390 | 3510 | 5 |
Last trade - 14.19pm 26/07/2024 (20 minute delay) ? |
Featured News
NXL (ASX) Chart |