This will add to EBITDA cost base. If NXL has been trying to generate short term EBITDA by under-employing, then then to fully invest back into their infrastructure they need to increase their employment base, this will reduce their EBITDA.
So whilst a positive for long term sustainability of the business model, it is a negative in the short term.
Potential catalyst for rocketing soon, page-93
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Last
$3.34 |
Change
-0.030(0.89%) |
Mkt cap ! $1.080B | |||
| Open | High | Low | Value | Volume |
| $3.37 | $3.45 | $3.33 | $1.775M | 525.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3222 | $3.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 3222 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NXL (ASX) Chart |