The laundy site is interesting - especially the history - shows how experienced the management are....whilst there is no guarantee of continued success it means they have been through a few recessions and downturns - good experience to have in NLG at this time - they've got the "t-shirt".
Given LVR's of hotels (albeit leaseholds) with that depth of experience within management team of NLG, together with their financial committment to the business should give BNZA comfort that the business should turn around from a market weakness.....the next few weeks are going to be important for NLG to say the very least
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hotel and gaming portfolio value, page-6
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