will go to 5 cents before 30 cents

This company is in a bad situation. They sell their best business and a couple of months are realeasing their full year results they have a massive 70% profit downgrade. So now the market will have no confidence in NLX management anymore

Every single business they now operate or have left is facing massive competiton or significantly declining sales or in industries that face enormous restructuring with alot of margin pressure to come. And the prospect of more downgrades I thought they would be good value at 15 cents but i think things will get worse for NLX before they get better.

i will now be a buyer of this stock at 5 cents. My prediction that NLX would hit 15 cents now stands correct.

This is a big dog.much better value elsewhere me thinks