Reckon their garden products business must be looking terrible. There will not be a great deal of demand for garden sprinklers etc this summer. They may have better luck with the rainwater tanks tho. Also, reckon their input costs must be thru the roof. Will be interesting to see the commentary on the outlook from their AGM. Regardless, I still feel a takeover of NLX would be the best possible outcome for the poor ole shareholders
NLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held