re: stinks Towie: you play with fire, you get burned. NLX has...

re: stinks Towie: you play with fire, you get burned. NLX has been one of the worst performing stocks with a market cap over $100M on the ASX over the last 3 years. Those who were naieve enough to think that they could buy in around 5c and make 300%+ on their money in the space of 12 months were, frankly, degenerate morons who wouldn't know the first thing about investment.

If (and that's an enormous 'if') this company does turn around, it will be a long, slow turnaround. The industry they operate in is fiercely competitive, NLX has no competitive advantages in any industry, the margins are small and demand for their products wouldn't even be outstripping GDP growth.

Honestly, some people who are ramping this stock as a potential multi-bagger inside 12 months need a good kick up the pants. If you bought amidst this hype, you only have yourself to blame.