Low 40's is possible woy woy.... interestingly I received Patersons update on NMS only this morning in the Weekly Market Wrap and they had updated their numbers with an increased price target of $0.91 /sh....what to make of that???
Macquarie Small Companies Fund has been downweighting NMS for a while, to a point where it now sits outside the top 10 holdings in the fund - the big boys definitely hear info before us ordinary folk IMO... but that's the stockmarket.
I reiterate what I said the other day, that on a 12 month timeframe and beyond the fundamentals continue to look attractive and the share price should reflect this at the full year.... NMSO in the 25-30 range would be Christmas!
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