NNG 0.00% 2.0¢ nexion group ltd

4C is ready to go. Cost reductions are significant in excess of...

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    4C is ready to go. Cost reductions are significant in excess of $1.2M PA. See the previous presentation for the estimates. The actual cash savings won’t be visible until April given most of the transition costs were worn in Feb and March and the capital raise was post Q3 so don’t expect miracles in this 4C. The capital raise is adequate to clear the gap between debtors and creditors and fund redundancies.
 
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