This is a very positive announcement - the reduction in cash bank would be on the acquisitions + ongoing legal costs rather than operational expenditure.
"If" the legal matters can resolve shortly we could expect a reduction in costs (expenditure) and an increase in profit margins with forecasted growth.
The market update in the webinar will be interesting.
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Last
$2.26 |
Change
-0.010(0.44%) |
Mkt cap ! $747.4M | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.29 | $2.17 | $1.931M | 864.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4368 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.27 | 4585 | 1 |
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| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| NXL (ASX) Chart |