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Re: [sharechat] NIX


From: "Mark Hubbard" <mhubbard@es.co.nz>
Date: Wed, 12 Jul 2000 23:25:34 +1200



-----
From: laura bishop <lool@optusnet.com.au>
To: <sharechat@sharechat.co.nz>
Sent: 12 July 2000 10:30 AM
Subject: [sharechat] NIX


> Nautronix could be an interesting buy at the moment,oil prices being at
the
> levels they are.
> Contracts to build a series of under water nuclear explosion monitors off
> the coast of australia certainly point towards the usefulness and
legitimacy
> of their technology.Information on my brokers sight "predicts" a
reasonable
> profit next year of around 10 cents ashare after this years expected poor
> result(hence the price).Dont know anything about WAL .


Yes, NIX is certainly one of my hopes at the moment. I purchased last week
for AUD0.68c, and from my own analysis believe that I can double my money
over the next two and a half to three years. As well as what you have
stated, they are also expanding into US, plus the aspect I really like about
the business is the high entry cost for other companies wanting to get it,
which gives NIX an extra premium.


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