Finally some positive and welcome news for a company with a history of the negative and the unwelcome.
Trading below $1 surely factored in at least a 50% chance of Sheehy being successful ( I wasn’t all that optimistic on NXL winning I must admit) so on that basis alone a return to the boards at around $1.20 looks about right.
Then there’s the ‘feel good’ vibe a win like this creates - does wonders for sentiment so there may be more upside to come.
Also a little more realistic (now that the ‘Sheehy shackles’ are removed) is the prospect of a buyout or a takeover.
Nuix is fundamentally well placed in a niche sector pointed towards the future - the execution of the float was just a complete F up and there were lots of other F ups on top of that…..but i think we’ve seen the worst of all that now - and a bottom for the share price.
Well done to those that bought up the stock at around 60c in Oct/Nov last year - you might just clean up big time.
As for the nutty professor - well he’s just in shock - sitting there speechless …covered in popcorn.
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Last
$3.00 |
Change
-0.080(2.60%) |
Mkt cap ! $970.5M |
Open | High | Low | Value | Volume |
$3.05 | $3.12 | $2.99 | $3.455M | 1.136M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7960 | $2.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.01 | 2024 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7960 | 2.990 |
5 | 22379 | 2.980 |
5 | 9562 | 2.970 |
2 | 3277 | 2.960 |
4 | 4804 | 2.950 |
Price($) | Vol. | No. |
---|---|---|
3.010 | 2024 | 1 |
3.030 | 16907 | 1 |
3.040 | 4124 | 1 |
3.050 | 4408 | 2 |
3.060 | 4904 | 2 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
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