NLX 0.00% 6.4¢ nylex limited

Company has just issued an 80% profit downgrade indicating a...

  1. 10,372 Posts.
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    Company has just issued an 80% profit downgrade indicating a 2006 p.e. of about 55.
    One seller tried to offload 20mio shares at the open.
    Company has no cash in the bank.
    And you say it is a trading opportunity?
    Only trade is to short the hell out of the thing and get them back sub 5c
 
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Currently unlisted public company.

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