re: new directors appointed
Hi As I See It They should trade in the $2-30 plus range from now on Their will be a Convertable note trading in the same range paying a 10 percent return albeit some of it deferred in the first year Their Market Cap remains the same and at these prices the Instos can put their money into . As of now I think that Harmony and Kerry Stokes companies will hold in excess of 51 percent Another Major shareholder notice today and the MD has told me that he will also now become a shareholder 3 new directors with excellent backgrounds and one big part of their business is making Water Tanks in a drought and the Government subsidising the purchase of same . I have put the profits from some of the little mining stocks into taking a sizable position ( In relation to my normal positions ) and look forward to this stock again becomming a Blue Chip All the nasties have been dealt with and got the money in the bank from their recent capital raising DYOR I hope this helps Towie
NLX Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held