options holders your thoughts, page-16

Woy woy. I agree woth your views on the options.
They are a thorn in NMS side at the moment. Far better value than shares. Most likely no div will be paid out before 2010 anyway.
Based on forecasts EPS 3 cents per share profit 2007 values shares at around 30 - 60 cents depending on the markets perception of growth.
5 cents per share for 2008 looking between 50 cents and a $1.
Will be interesting to see whether NMS forecasts can be met and or exceeded.