towie

Hey Towie,

I see we have a couple of stocks in common. I got in BTV 3 weeks ago and sold out 2 days ago with a nice profit. I invested this today in NLX FPOs as this seems to be undervalued (similar to BTV) pre consolidation.

At current levels NLX is only 3.9c per share (pre consol)and at the 5c (pre consol) mark I thought all the bad news had been well and truly factored in to this one.

Things have apparently improved somewhat at NLX since consolidation and that makes me think this has to be worth 2.50-3.0 per share over next 6-12 months.

Your thoughts ?

Regards
FS