NNG 0.00% 2.0¢ nexion group ltd

It didn't come out of the gate as strongly as I would have...

  1. 80 Posts.
    lightbulb Created with Sketch. 18
    It didn't come out of the gate as strongly as I would have expected, and that's most likely a reaction to the mishandling of the IPO.

    That being said, it's not a bad thing in my opinion as there's a good chance we've now shaken off a good number of those that believe IPO is an acronym for I Profit Overnight.

    If Nexion were to release a shareholder update by say... Tuesday/Wednesday next week, even if it's just a rehash of the partnership with Aryaka.
    This would go a long way to avoiding the usual dip after an IPO and provide investors with renewed confidence and a solid base for a respectable and stable 35 - 40c share price at the end of next week.
 
watchlist Created with Sketch. Add NNG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.