I agree Autosime, best time to buy is when the most loyal start...

I agree Autosime, best time to buy is when the most loyal start jumping ship.
One thing NMS drums home is the old adage buy cheap and sell high - lets face it long term holders could have cleaned up doing this - there has been a few opportunitites to buy cheap, sell high and so on.
Nothing has changed except industry conditions and the SP. NMS is cashed up and will easily be able to ride a couple of lean years out.
The businesses NMS bought were earners in there own right and NMS intention was to add synergies and assist growth via cross business referrals.
No doubt the pros are buying heaps at these prices and will make a killing down the track.