IMO cash burn is not an issue. Its not like the company will go under administration, it has zero debt currently. Nuix has a lot of healthy ways to raise money and surely lenders would be happy to lend to Nuix. And good debt is looked at positively in companies if its fuelling growth. Growth is what matters, which Nuix is turning around slowly. Would love to see ASIC lose againt Nuix but win against the rusty directors, hehe. Time will tell if all this hoolahoo about ASIC has got any substance or not.. It's will be a bigger impediment to ASIC, not Nuix. I would like to also see class action against AFR for manipulating the stock price and market sentiments.
NXL Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
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