I don't have a copy of Pattersons' report but I understand they...

I don't have a copy of Pattersons' report but I understand they have changed their recommendation on NMS from a "Speculative Buy" to a "Buy".

They also have a target price of 70c and a discounted cash flow price of 88c.

These are only hearsay numbers and I cannot verify them atm.

My source has indicated that there is not a lot of over-hype in their commentary and seems to be very supportive of NMS management, strategy and progress to date.

They also believe that integration of recent acquisitions is on track and that the whole will be greater than the sum of the parts.

It all looks good.