The reason is nothing more than the general state of the market and the fear that is gripping everyone. If you compare NMS to the All Ords (by plotting the Relative Strength Indicator) you will see that NMS is following the general market EXACTLY.
So I am not worried about the LT prospects of NMS. I am waiting for the 1st quarter 09 report for some good news which will hopefully kickstart the SP price. Right now the SP has found support and has stopped the general down-trend that started last November. The current SP is higher than the last low registered in July.
NMS Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
