I have been following NLG for a while and recently bought a speculative holding.I have reviewed the various announcements made by NLG and list the following: Debts of $203 million have been reduced by $23 million by recent rights issue Debts to be further reduced by divestment of 8 venues for estimated $66 miilion 4 substantial share holders control 65% of company Karedis,Laundy,Hedley and Iris. EBITDA for half year to 31/12/07 was $1.8 million based on announced forecast the second half is $4.2 million giving a total of $6 million.
NLG Price at posting:
0.0¢ Sentiment: None Disclosure: Held
