TSXV:NYX.DB - Post by User
Post by
Investor4000on Nov 15, 2016 11:13am
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Post# 25462647
Resume
ResumeThe good revenue got offset by personnel cost (24 million). They are making more money but spending more than what the "street" hope for. So at the end of the day, analyst will wait till they reduce their debt, cut some spending related to Open Bet acquisition (personnel), see if synergies come faster than expected between open bet and Nyx, and see Matt Davey get a grip on operation of open bet. It is a wait and see situation for big buyers.