NXL 2.16% $3.31 nuix limited

Hi BlueskyThe travel restriction would have been easy to gain...

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    Hi Bluesky

    The travel restriction would have been easy to gain once the sale order was placed by Mr Doyle. That provides 'reasonable suspicion' which is all you require to begin a criminal investigation. Law enforcement will no doubt be conducting a forensic review of all communication between the family members etc. to establish a pre-meditated intent to commit the crime. Maybe the Doyle's recognised a good price and didn't want to be too greedy and watch it continue to $20 ahaha, and decided to buy a penthouse a Pyrmont etc....the excuses will be provided. Will the excuses stand-up - probably not. Remember Bond losing his memory??

    Regarding the ASIC investigation - this is old news in my view and will need to play out as the court of public opinion requires this now. The have already reviewed these records. Anyway lets see.

    Agree with your thoughts about the product. The clean-up is underway. New management will go a long way to improving the direction for 2022 and beyond. The majority of customers are not in Australia. A lot of this mess is both Australian corporations legislation specific, and a forecasting 'over promise - under deliver' too close to an IPO.

    Many investigative officers, in many places, all over the world are using the NUIX engine now. This is backbone software for a lot of companies. There is still a very healthy bigger picture here but the market has gravitated to the current noise as should be expected.



 
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