In todays AFR a lengthy article on NMS, states Pratt has sold is substantial holding, a displaced founder (clive) and investment bank (Macq) looking to cash out in a bear market.
Well I thought clive was out and in fact is not on the current list of major shareholders, and I saw the fund manager for Macq small funds – Neil Carter talking about NMS a stock to follow for 2008 on Sky business news recently, now according to this journo they want out !!
If you have shares in NMS it is worth the read, and I don’t have time to put on here.
One last thing the article also states NMS customers don’t like sticking their necks out with new companies with little history and buy on price !!!
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