AGM was a waste of time. Port Hedland - wow 1.5MW. The needle should not move on this news as this is like SC1, pathetic sub-5MW facilities that will takes 5+ years to reach 2.5MW combined.
SP rise is temporary.
Intelligent Investor 6 months ago predicted SP to decline and at thatt time put a "Buy below $9.00" on the stock. Since then it has gone as low as $8.30. They were right.
Now Intelligent Investor, as o 18 Nov now are advising there customers to buy below $7.00. They will/are/will be right again.
Don't buy NXT until it reaches $6.00. Even the AGM says it does not expect any significant contracts until 6-12 months away.
In the meantime, the overall macro environment will decline significantly meaning NXT has a loooooong way to fall over the next few months.
Buy in when Scroggie buys in. He sold at $13.57 and has demonstrated no interest since then in buying back in.
Not a good sign as this company has much pain and earning multiple contraction ahead.
AGM was a waste of time. Port Hedland - wow 1.5MW. The needle...
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Last
$17.09 |
Change
0.050(0.29%) |
Mkt cap ! $9.835B | |||
| Open | High | Low | Value | Volume |
| $17.19 | $17.37 | $17.01 | $34.78M | 2.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8559 | $17.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.10 | 836 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$17.10 |
Change
0.050 ( 0.11 %) |
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| Open | High | Low | Volume | ||
| $17.22 | $17.38 | $17.01 | 394417 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| NXT (ASX) Chart |