The price is only being depressed because of the lack of news on more contracts.
Investors in this climate easily get cold feet and bail.
Lange is doing no one a favour if it's true about the new ship and more work is being won, without informing the market.
You would think the leasing and work for this so called phantom ship would warrant some confirmation.
Maybe the work we have is as much as we can do.
It does seem strange to wait until the last moment to release a rash of good news, hence it's more probable there is none.
The fact here is it's very hard to expand at the same level NMS has been expanding when we have such large debt and minimal cash.
So it seems NMS is in a consolidation period until it reduces debt enough to make other aquisitions.
No matter how good this company will eventual be it seems right now it is at optimum performance peak.
The only worry i have is it's times like this when larger cashed up competitors decide to gobble NMS up, lock stock and NEMSYS.
Huge bargain at these prices.
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