NXL 2.16% $3.31 nuix limited

Agreed GaneshaHandled quite well when everything is taken into...

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    Agreed Ganesha

    Handled quite well when everything is taken into account. The immediate replacement for the CFO seems to indicate that the stress (media, ASX offensive) in recent times has taken its toll and potentially his services are no longer required. The financial day to day and reporting is already being completed by the second and third line. This role requires a very high level of ethical compliance - and unfortunately the Swiss sibling transfer has raised too many questions during this 'spotlight' period.

    Importantly the CEO is a structured phase-out plan to be completed when the right candidate is found. This is crucial and I like that this has occurred. I prefer this option over Jeff taking an interim CEO role. This would rush the candidate selection.

    Nuix version 2 for FY22 is looking beginning to build to a healthier FY22.
 
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