Worst Performing Stocks for 2005/06

Submitted by Craig Strzelecki on 18 July, 2006 - 15:17

Here are the worst performing stocks listed the Australian Stock Exchange (ASX) for the 2005-2006 financial year.

The worst performing stocks on the ASX for this financial year are Nylex (NLX) at 79 percent loss, IINet (IIN) at 77 percent loss and Repco (RCL) at 58 percent loss.

The worst performing stocks from the Australian Stock Exchange (ASX) for the 2005-2006 financial year: NLX, IIN, RCL

Nylex (NLX) is involved in the manufacture and distribution of plastic and automotive products. The company was featured as a loser of the week in the last financial year.

IINet (IIN) provides internet access services. The company was featured as a loser of the week in the last financial year.

Repco (RCL) is an automotives parts retailer.

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