Australian (ASX) Stock Market Forum

NXL - Nuix Limited

Continuation of the breakout of Friday.
I am aware that there maybe matters still before the Federal Court.
Genuine breakout so far..
 

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Closed with conviction on Friday, but what next?
 

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Our intrepid Capt'n Chaza has taken a shine to this , but he's brave .
After a few rums last night , I got a bit brave but chickened out on making a move this morning .
S.P. still holding up on a down day , around the $ 2.40 mark .
Note the volumes , though . A fair bit gone through in the last few days .
( Somebody , somewhere.........Knows something . )
 
Possible breakout, been brewing for a while in my opinion.
My largest position..
 

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Mind boggling. No doubt ASIC will do nothing.

Update - they did nothing, we can only hope the splitting up of ASIC and resetting expectations will lead to the revamped regulator dealing with shonky stonks like NXL and retail investors might have some real protection for their capital.
 
around $3.60 before 18 Aug numbers, then a jump and now $5.50

FY24 Highlights
• ACV and Statutory Revenue growth in excess of strategic objective
• Successful launch of Nuix Neo solutions, with strong Nuix Neo ACV growth
• Diversified sources of growth between new and existing customers, and new and existing product offerings
• Strong growth in Underlying and Statutory EBITDA
• Underlying and overall cash flow positive
 
Volume has been rising the past few sessions..
$6 handle in range ?
 

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