Sorry to hear you’re 50% down . IMHO 55 is not that bad for a Tech stock in an inflated market. The industry is promising and Nuix model profitable. The key is how fast they can acquire new customers and what’s the value of new contracts. These are the info they didn’t release in the past couple of announcement.
In good old tech friendly times , the SP wouldn’t have been beaten up that badly for a 15% revenue miss, but current market environment put tech stock under tight scrutiny due to inflation & interests raise concern.
I have confidence in the industry and would give the boards a bit longer to run . it’s a long hold from me. If you want to get out, it’s also fair call. This has so far been one of the worst performing ones on market recently .
nuix for life .. hold, page-5
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Last
$2.99 |
Change
0.060(2.05%) |
Mkt cap ! $967.3M | |||
| Open | High | Low | Value | Volume |
| $2.95 | $3.05 | $2.94 | $1.963M | 654.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8547 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 14059 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$2.98 |
Change
0.060 ( 1.73 %) |
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| Open | High | Low | Volume | ||
| $2.98 | $3.04 | $2.95 | 66077 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| NXL (ASX) Chart |