NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

RE:CUT COSTS & BUY BACK SHARES

[Carpenter72]

It's a really good question. My first though was "No way Forest,  we have to pay the debt first..." But after reflexion, the SP is so low that a implement of a NCIB could be the way to give the more value to shareholders right now, at least 'til the sp is very low . Imagine 5 M$ of cash flow every Q to buy back 3 or 4 millions shares...Not a bad idea...

But first, let's see if NYX can generate that FCF...
 
GLTA