an interesting week, talk of t/o and up, down!

So NLG holders what do you reckon?

Is takeover a real possibliity?

Personally I hope not but the speculators will get in there given half a reason.

Other go on about the debt position and sure the gearing is not wonderful, but given this they are performing well, winning prizes and earn nearly $200 mill a year in revenue. Who would'nt want to take them over.

In my veiw if this was a lost company they would have been lost by now, the reason the banks are sticking by them is that they see the business itself is a sound investment.

The management seem to have got their act together and they are addressing the debt issues, refurbishing (that is investing) in the business to set themselves up for the recovery.

I would be happy to hear other holders/interested parties thoughts.