What is it about NBS that attracts so many to make their first HC post on it?
I really find it difficult to see how anyone could justify purchasing this stock.
Okay, so take a speculative punt on a $700m contract being signed (or, even more speculatively, actually being realised in cash payments). Even then, over 15 years, a $US700m contract alone is probably barely enough to justify the current NBS market cap of $57m+ at any half-reasonable discount rate. Yawn.
And I am totally puzzled as to why anyone taking a speculative punt would also be "in for the long haul" - something that implies a long term value investment.
What is it about NBS that attracts so many to make their first...
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