SXL Time to Accumulate, page-629

cheeze SXL business model is being decimated. I search for 'value', but is SXL a very high risk value trap???









And their digital radio is still bleeding money, hopeing to be EBITDA positive by Q4FY24.
But even if it becomes EBITDA positive by Q4FY24, there will still be a loss after factoring in D&A expense!!!

I'm watching, but how to buy?? It's like gambling.
SXL shouldn't have:
*done the share buybacks
*should have severely cut back on the dividend before
*taken a hammer to controllable costs.
*kept debt at absolute minimum.

Interesting times.