Hi a good question The NLXGs are the cheapest entry and will pay interest at the rate of 10 percent some of it deferred in the first 12 months . Some investors do not understand the meaning of all this and are going for the shares The NLXGs rank after the secured holders banks etc ( In any wind up ) but in front of the ordinary shareholders with the interest payments and any value left in the company I do not think that we have any concern about this and My Big holding will be via the NLXGs and NLXO I topped up with them today at .022 Cheers to holders an interesting day at the meeting I expect to have something to add DYOR Towie
NLX Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held