NLG 0.00% 0.4¢ national leisure & gaming limited

The bank holds all the cards in this situation, they determine...

  1. 381 Posts.
    The bank holds all the cards in this situation, they determine whether they call in the loan or extend it, hence the share price. If they pull the pin your shares are worth nothing.

    Considering NLG have negative earnings and the current credit enviroment the chances of the bank ruling favouribly are low.

    A risk reward scenario repeated all over the sharemarket.
 
watchlist Created with Sketch. Add NLG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.