Still say takeover...... 25m shares sold, but remember 25m shares were also bought by a/some buyers.
I should have sold yesterday when I saw the volume and the dry up of buyers at 23 cents. They certainly do have a problem with keeping information out of the market until released!!!! Anyway, hindsight is a wonderful thing.
I also said a few unhappy words at around 9.50am when reading the chairmans report.
I still think the business has a future and they have taken the opportunity to clear the decks and lay all cards on the table.
Hopefully, there are no more nasty suprises in the future.
I can look on the bright side, I bought them in my superfund and I'm only 34. Should have an up period before I retire......lmao!!!! perhaps I'm delerious!!
NLX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held