The H1 results have crashed the share price by over 50% mainly due to the realisation by the market that this is a pretty average IT company which doesn't deserve such sky high valuations. The emperor has little to no clothes!
And with the Sheehy case- you never know when it is going to hit. I think a class action involving many people is going to be different from a civil case brought about by a wealthy shareholder.
And when it hits the damages to NXL can be significant.
Where are the Authorities?, page-18
Add NXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.12 |
Change
-0.010(0.32%) |
Mkt cap ! $1.002B | |||
| Open | High | Low | Value | Volume |
| $3.12 | $3.15 | $3.06 | $427.1K | 137.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3098 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 890 | 2 |
View Market Depth
| Last trade - 11.18am 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.13 |
Change
-0.010 ( 0.66 %) |
||||
| Open | High | Low | Volume | ||
| $3.07 | $3.15 | $3.06 | 13655 | ||
| Last updated 11.39am 04/06/2024 ? | |||||
| NXL (ASX) Chart |