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
- Macquarie’s Bastard Child
No matter which way you look at it NXL was not in a fit state...
-
-
- 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
(20min delay)
|
|||||
Last
$5.40 |
Change
-0.040(0.74%) |
Mkt cap ! $1.774B |
Open | High | Low | Value | Volume |
$5.42 | $5.45 | $5.21 | $8.441M | 1.573M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $5.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.40 | 8334 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 5.250 |
2 | 3000 | 5.200 |
1 | 97 | 5.160 |
1 | 5009 | 5.150 |
1 | 400 | 5.120 |
Price($) | Vol. | No. |
---|---|---|
5.480 | 2792 | 1 |
5.490 | 3449 | 3 |
5.500 | 8772 | 3 |
5.540 | 227 | 1 |
5.550 | 6959 | 3 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
NXL (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online