The numbers that spelt trouble for Nuix IPO
The numbers that spelt trouble for Nuix IPO Just which Nuix accounts is ASIC investigating? There were so many. Save Share Directors of former glamour tech stock Nuix were still reeling after Australian Federal Police raided its Sydney head office on June 24 as part of an insider trading investigation when they learnt they faced a more immediate crisis. At 11.35 that Thursday morning when the Nuix board told the ASX of the raid, they described it as an “investigation into the affairs of an individual”, concluding rather smugly: “Nuix understands that the warrant does not relate to any a...
Source: afr.com