Just read the afr article and it doesn’t sound as bad
it will come down to their delivery in the second half
if they can’t deliver then the share price will need to halve from here to justify their current multiple.
Before I take the next move, let’s see what the institution will be doing in the coming weeks
NXL chart, page-312
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Last
$4.45 |
Change
0.960(27.5%) |
Mkt cap ! $1.430B | |||
| Open | High | Low | Value | Volume |
| $3.84 | $4.49 | $3.84 | $17.74M | 4.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2979 | $4.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.45 | 8062 | 17 |
View Market Depth
| Last trade - 14.17pm 19/08/2024 (20 minute delay) ? |
| NXL (ASX) Chart |