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.
The H1 results have crashed the share price by over 50% mainly...
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Last
$2.42 |
Change
0.010(0.41%) |
Mkt cap ! $778.0M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.43 | $2.36 | $396.5K | 165.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 11660 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 1660 | 5 |
View Market Depth
| Last trade - 13.04pm 15/05/2024 (20 minute delay) ? |
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Last
$2.41 |
Change
0.010 ( 0.68 %) |
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| Open | High | Low | Volume | ||
| $2.41 | $2.43 | $2.36 | 14689 | ||
| Last updated 13.22pm 15/05/2024 ? | |||||
| NXL (ASX) Chart |