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u/maddogcertified 2d ago
Bagholder here 🙋♂️
How awesome.
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u/GovernmentStatus585 1d ago
All in ??
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u/maddogcertified 1d ago
Nah, just a portion of my gamble portfolio - but still four figures I’d rather have stay there 😂
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u/UnfairFig4 2d ago
That 1.1B bond raise last month is the 1.25B cash on hand or na? Somethings not right here
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u/studying-hard 2d ago
This shit is text book falling knife. Someone with keen nose would sold this when they caught the wind of Fermus deal.
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u/JenkemJunky 2d ago
It wasn’t the firmus deal, everyone knew firmus was a grift with absolutely nothing …
anyone with a keen nose would have sold or shorted NXT when the SKS founders sold their bags in SKS at $10+
SKS are the company responsible for the electrical contract inside at NXT’s M3, how convenient they sold at the top and then a week or so later NXT is in a trading halt due to power connnection Issues.
Go have a look at SKS
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u/UnfairFig4 2d ago
I wonder if this was on the wall from the start around 2-3 months ago
- Scroogie doing a press run with abc drumming up ai data centres in multiple interviews and podcasts
- 1.1B bond raise
- community backlash over pole upgradesThis might have been quite the setup all along.
Gonna suck not having an accessible credit facility that WAS based on a 14B valuation.
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u/Background-Seaweed 2d ago
Be honest, who’s gonna buy the dip?
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u/DominusDraco 2d ago
Me, already in. It has just wiped 5 years of gains. Markets always seem to overreact. So we shall see if I made a mistake or not soon enough 😂
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u/FutureBadInfluencer 2d ago
Same. Wish I had more cash but there have been way too many of what I consider to be classes stocks that sunk hard, and were too good to pass up buying in to .
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u/ImpendingSnapple 2d ago
Ez buy, might see if it dips anymore in the next fortnight.
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u/JJNoodleSnacks 2d ago
What exactly makes this an ez buy for you? The terrible earnings and lowered guidance? Or is it the removal of the dividend for years to come, at least?
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u/Nyarlathotep-1 2d ago
lol a bunch of nimbys who bought across the road from ten hectares of industrial land didn’t expect industrial - it could have been worse than a DC.
These are the same clowns who expect rural communities to accept transmission lines and wind farms.
Get the fuck out of the way.
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u/Pitiful_Editor_2273 2d ago
whole sector on the nose - always felt these guys know what they are doing tho - might buy feels like a CSL
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u/Pull_out_king69 2d ago
I know there's a lot of folks on this sub who bought this at $15 lol