Hi fluffy, I was holding NMS at the time you refer to, I didn't...

Hi fluffy, I was holding NMS at the time you refer to, I didn't participate in the rights issue (because I did feel all hope was lost). I also stupidly didn't sell when they hit their peak.

Whilst they had that massive run up in the past it was a very different company that went from 20c to $1.40 it was a tiny company winning a contract to repair a ship every now and then with their unique product back then. Now it is a massive conglomerate of this and that poorly cobbled together with it would appear no thought as to how to reduce costs.

The chances of NMS becoming a 10 bagger again are IMO almost nil. If one could double their money in two to three years I'd be thinking that they would have done extremely well.

Just my opinion of course.