Forum Archive Index - July 2000

[Brian Gale <brigale@i4free.co.nz>]

Hi Mark
             NIX ..... This is a puzzler. With its high level technology ( 
including link to German Electronics Coy ((submarines)) etc, etc ., why has 
the price fallen from 140+ down to 67.  You say they had a lousy year - can 
you expand on that. The banks confidence must mean something. I see 
directors have options @ 105
Looks like a real snip, but why the fall ??

Cheers

At 11:52 04-07-00 +1200, you wrote:



>NIX (Nautronix Limited), riskier, as its had a
>lousy year, but for the long term I believe offers good returns as operates
>in an industry with high entry costs, plus NAB and CBA have just purchased
>20% of the shareholding in over the last month, implying they see value
>also).
>
>NIX - purely a long term value investment, possibilities of losses short
>term.
>
>
>
>
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