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1,207 Posts.
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13/02/08
17:23
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From what I hear its a great buy @ these levels as NLG is set to announce that the Rights Issue closed and underwriters have come to the party.
NAB has also come to the same party agreeing to only take some of the funds and allow NLG to spend the rest on the refurbs required.
I think @ these level we may see HLG approve a buyback and buy stock back because this is just pure madness !
You also need to remember DRP is currently being priced which may see some sneaky action to drive the SP lower !
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