its the commsec and leveraged equity margin loan holders. i hear that both have either removed or reduced the LVR on NMS, so retail guys are dumping the holdings so they dont get margin called elsewhere.
see thats why i dont like margin lenders, if they decide not to provide an LVR they can kill a stock or like in this case cause selling pressure.
you would think that Lange would be on the phone to every small cap manager talking NMS up but it doesnt look like it.
NMS Price at posting:
11.8¢ Sentiment: Buy Disclosure: Held
