i wouldn't be surprised is the same private equity firm returned to nylex and resumed talks about another possible buyout. they've had 6 months now since the sub prime issues caused their problems... should know their own finances by now (which i suspect really, in AUS, hasnt changed too much - our economy is still strong).
my guess is, either champ or another may be interested.
i hear there's been a number of take-over offers been made in the first Q of the year, due to the depreciated current prices. remember, takeover / merger offer are usually for the long term, and the market long term is good...
NLX Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held