TSXV:NYX.DB - Post by User
Comment by
stocksnbondson Jan 11, 2017 9:32am
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Post# 25692952
RE:NR
RE:NRI realize the position is needed. Just can't help thinking headcount is still increasing.
This position will cost at least 250 000 US + options.
Will NYX shrink headcount to offset the hire? I doubt it.
Looks like personnel cost will rise again this quarter. Was really hoping for stable costs.
The next phase of NYX seems to be to get bloated. More empire building.
I know the arguments, yes I can sell. Yes, I can't control anything as a retail investor. Yes Matt has a bigger chunk than all of us and yes he has purchased at the market price various points throughout tough times.
We can though voice our concerns by calling the firm. Emailing Joann Head (no one else answers at the exec level as they are hopefully working on reducing costs!). If more investors would do that, the firm will get the message that retail investors will not take this either. The lower share price this week is a sign that more are bailing and for good reason. Revenues will increase organically. The costs need to be made stable/decrease. Still a believer longer term. Just don't like the process torwards the promised land.
sb