Any dip in NMSs price at present remains a strong buying opportunity IMO! We've seen all this on a couple of occasions before and it is relatively obvious what happens next.
It was made very clear at the start of the AGM that any capital raised to date was put to hard labour throughout 2007. Any further cap injection too, is due to be put to even harder work to further improve the overall performance and earning capacity of the company. It is all good. Don't expect the published EPS forecasts to remain as they are for long. They will obviously be upgraded before too long, to cater for the positive earnings of Rock Deeptech and Sea Struct once settled, as well as the increasing impact of the "2.something" effect mentioned in the AGM.
As said in the opening address of the AGM, this is a journey and we are only at the beginning. Phase I setup is complete and we are now into the larger Phase II expansion. Despite the successes and share price performance of the the last year, the best is yet to come.
Simply, get set (stay set) and wait patiently...
NMS Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
