the wording MBE used "Investing for growth: increased head count, $1.29M of incremental costs in 1HFY15 vpcp, full year increase of $3.13M. These investments include IT, Offshore country managers, Sales, Associated admin and compliance. Short payback period, high return investments" with its emphasis on 'investments' implies it may be CAPEX.
However when they say "incremental costs' it implies expenses.
At the end of the day, it will be up to the auditors, and the impact on the cash balance is the same either way.
MBE Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
