Australian Stock Exchange debutant Nuix is well-priced at $5.31 say fund managers. They point to the long-term prospects of the investigative analytics and intelligence software company, but aren't willing to hazard a guess as to how the stock will run on day one or over the first few months of trading.
Nuix will list on the ASX on Friday, almost 4½ years after the company first set its mind to achieving this goal.
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
