Its a buy for the bottom drawer if you ask me. Wouldnt put big money on it because you never know but if its worth a punt for a company that has a solid looking balance sheet and makes profits. The question is the debt refinancing.
If there is a 50% chance of collapse and a 50% chance of making it to 5,10 20 cents, it is definitely a well educated punt. Thats what I've done. I've done it with others too. Some have paid off, other havent, but overall, well in front.
NLG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held