I really don't know what to think anymore about this one. It has so much drama around it with impending damages cases and class actions by a few groups all vying for a piece of Nuix.
In defiance to this, various platforms still rate Nuix as a BUY because I assume, at the moment it is debt free, it has become profitable, it's short term assets cover the short and long term liabilities. One of the NAB analysts even has a recent 12month price target of $5.50 for it.
I bought the initial hype at $8.69. But will it come good? Will it? Are they good at what they do?
NXL Price at posting:
71.0¢ Sentiment: None Disclosure: Held
