Citigroup say Nylex is worth 15c to 17c not what you say they will get below 10c.Ocker,obviously they disagree with you by saying higher making you wrong in your prediction of what they would say.
Also Citigroup have two charts.One says Nylex is 2H which means hold(2), high risk(H).
The other listed from 1 to 10, where 1 is the best and 10 is the worst. Nylex has be 9 a long time ago, but until recentlly was a 1.Now Nylex is 2, that is the second highest rating.
On their comments they say only hang onto Nylex if you think there is a take over.Now they rate Nylex as a hold.That would mean they think there is going to be a takeoverby saying hold.
I am not trying to start a rumour, I personally don't there is a takeover but I may be wrong(I have been eg. I thought it would never get below 27c).But by leaving Nylex as a hold Citigroup seem to say they think there is.Also The comments in two Australian articles(Sat&Wed last week) about buying Nylex as on the chance of a "shake up" in the industry.Shake up may mean takeover.
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