HLG management down in Melbourne today doing a deal with NLG bankers to ensure renovations are completed from what I hear...This should ensure the lows on HLG stock are not re-tested once this is confirmed to the market.
I think Tom is happy to back NLG as he knows the business and the pubs (given he owned them) this will ensure NLG will have the funding to move forward with some debt reduction and also to move the pubs into line with NSW laws
HLG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held