NLX 0.00% 6.4¢ nylex limited

Hi Consolidation of capital was the only way forward and to...

  1. 30,381 Posts.
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    Hi Consolidation of capital was the only way forward and to entice the 2 new major shareholders Harmony and GPE controlled by Kerry Stokes . They now have their 2 directors on the board who have also been increasing their shareholdings . As I see it the company is now at its lows and the only way is up from here . The directors have been increasing their holdings via the Options they are Exersizable at $1-84 in 2009 and the present cost is 55 cents . What does that tell you . They must expect the shareprice to reach at least $ 2-40 by then I hold the Convertable notes mostly Towie DYOR
 
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Currently unlisted public company.

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