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.
This is a very positive announcement - the reduction in cash...
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Last
$2.18 |
Change
0.060(2.83%) |
Mkt cap ! $711.6M | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.23 | $2.11 | $1.889M | 866.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 5494 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 1004 | 2 |
View Market Depth
| Last trade - 14.00pm 06/05/2024 (20 minute delay) ? |
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Last
$2.18 |
Change
0.060 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| $2.12 | $2.22 | $2.12 | 48228 | ||
| Last updated 14.19pm 06/05/2024 ? | |||||
| NXL (ASX) Chart |