I think this holds at the $8 or $9 levels until next set of bookings numbers presented to the market. I am expecting solid results as Q1 was ahead of forecast. Mid term I see this as a $10-15 stock by end of 2021, longer term a hold.
New found cash from listing may fund strategic acquisitions as CEO Vawdrey performed many M&A when he was leading Fujitsu in Australia and likes acquisition as a growth strategy. IMO
SP goal?, page-3
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Last
$5.90 |
Change
-1.680(22.2%) |
Mkt cap ! $1.938B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $5.51 | $34.59M | 5.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 170 | $5.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 1700 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| NXL (ASX) Chart |