Hi MoonshineUnderstand your pain here, both with this investment...

Hi Moonshine

Understand your pain here, both with this investment and with the moronic banter which is the ‘Nuix Hotcopper’ thread these days. The latter I feel is by design though. I think that why I have chosen to reply to your well-written dialogue. Something normal to read for a change on here.

From my perspective, I believe there is a business case still here Nuix - albeit from a lower base to the IPO pitch. However you are being compensated now with the current depressed share price….more than compensated in my view. 2 x Revenue for a proven and respected product, minimal churn client base, in a growth segment……data is compounding yearly. Your Point 2 above is a definite possibility but I highly doubt will be successful. The uncertainty regarding the current CEO litigation and the IPO class action are unfortunate noise for now.

The entire market has also been hit - tech stocks in particular from the ‘Interest Rate Nasdaq Grenade’ in January, and now the Russia/Ukraine conflict.

All in all -at this share price I am definitely glass half full at the moment and have finally managed to get my weighted average down to a 1.## handle.