SOB - I have done the inquiries and I dont think there was anything shaky done by NMS. My Inquiries reveal the NAB changed their policy on lending to businesses and basically forced NMS into a restructure program which IMO was for the better good of NMS. The board learnt nothing as a result of the GFC but the banks did and I think this is good for Aussie businesses. The old USA in years down the track will force this world but once again into a GFC type scenerio and I think what the banks are doing now is putting themselves and businesses into a better position in case of GFC number 2. I lost a lot of money in NMS but look really you cannot deny that NMS is going to be very attractive in the coming weeks. I only wish I had the money to participate in the raising but I didnt unfortunately. I have it on good word that NMS is a strong buy and probably will be a takeover target very soon. SOB you really need to get over this and accept what has happened - I have and I do believe my shares will get back to around 20 cents in time if they perform well in the position. What happened in the past is now the past and I just want to forget about it. It was our mistake as well - we knew the signs were there but didnt act and sell so we are just as much at fault for our loss.
NMS Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
