NLX 0.00% 6.4¢ nylex limited

water tanks to the rescue..., page-8

  1. 456 Posts.
    Thanks again.

    I still have a bit of interest in the company and will keep it on the watchlist for a while. The script is now impractically low, less than 40 million FPO's, i know there are options floating around as well but havent looked into those at this stage.

    As i say, only spent about 10 minutes looking into them last night and on the surface i thought things looked promising. I will investigate things further when i get some time. Cant help but think with the FPO script being so low they should place more shares to reduce debt which will crucify existing holders but should make the company a lot healthier moving forward. The debt seems to be a major killer for it at the moment.
 
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