On 22 May with NLX trading at 4.7c I posted:
"Yes, but is now trading below nav, so someone may look to buy as a bolt-on acquisition to complement existing business lines. Cost savings thru synergies, etc may well make NLX look attractive at these levels"
This is still the case.
Do your own research, but as a starting point - but who else has a division involved in the same water saving industries as NLX? eg water tanks etc.
- Forums
- ASX - By Stock
- NLX
- who is the big buyer
who is the big buyer, page-5
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NLX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online