time to buy

The ASX& USA markets are heating up again.

Nylex buyers almost match the sellers, that's the best it's been for a while.

Whatever the banks would have done if Nylex didn't cough up the dough is theoretical and since the money was brought forth it's only academic now.

There could have been an issue, but hopefully the banks wouldn't shoot themselves in the foot, they stood to lose too if they pushed the issue.

Nylex's rich mate Kerry Stokes would probably always help out.

It's a pity Bell Potter&Co sold Nylex so low, but it's all happened before at 25 cents with a 25 cent capital raising when Nylex had been 45.5 cents.Nylex still rose from the ashes to 46cents before being tripped up at with this 27cents capital raising.

With the drought gaining interest the water tanks etc. should be making more money for Nylex.

The Federal Government is building plenty of roads.It shouldn't be long before AH Plant Hire gets lots of work.

Nylex shares should being heading higher, I hope.