NLX 0.00% 6.4¢ nylex limited

all quiet on the nlx front, page-8

  1. 10,372 Posts.
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    Have a careful read of the disclosure document that was issued for the notes.
    That is, make sure you are aware of what the "get-out" clause that enables them to avoid making interest payments.
    They pulled that trick last time - buyers jumped at the notes for the attractive yield. After only a couple of payments into the 7 year (from memory) life of the notes they never made any further payments.
 
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Currently unlisted public company.

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