Hey guys
Great little announcement today. Great thing about it, it was unexpected and furthermore it has signalled an entry in the UK market and the ship is also certified by the ABS. Two big ticks for NMS.
What they receive for repairing the ship is immaterial really. Its about connections and the more connections they establish now, the more contracts that will be signed tomorrow which means more $$$
I think in 2 years, NMS can be worth $20. They are operating in a $15 billion industry. A $20 share price would mean a market cap of around $1 billion with escrowed shares and options taken into account. You would assume that NMS would operate on a P/E ratio of 10 which would mean it would only need to earn $100million to get to a share price of $20.
$100mil is less than 1% of $15 billion. So even if NMS has an immaterial market share, the share price can still be 20 fold what it is today.
What an exciting future lays ahead for NMS.
GO NMS GO
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