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re: oppies NLX has been the biggest joke in corporate Australia for a decade.
No company has ever assembled as incompetent a collection of managers as NLX.
Stokes did his dough 2-3 times already, only to be bailed out with favourable el-cheapo stock placements.
They might get somewhere this time, the consumer products business is a good one, though massively mismaneged as late as last year. Too early to say if the people who are going to make money out of this are the current shareholders or whoever the banks sell the assets to.