NMS 0.00% 0.0¢ neptune marine services limited

2c approaching fast...., page-10

  1. asf
    9,888 Posts.
    2.1c now, and looking a bit challenged. From the Half Yearly in Feb: $1.3m profit, $60.5m revenue, $4.6m cash, no debt, and an increased NTA. That's not too bad.

    However, due to their lack of communication to the market, this one really moves on speculation (for what else is there on a silent company?) and hopes of the major shareholder buying- again leading to speculation of a takeover.

    I deplore silent companies, because if they want to be silent, perhaps they shouldn't be a public company, but a private one- then management and staff could just share info around the water cooler. For management that is paid so much, a little market update wouldn't hurt, but they seemed not to do that under old management or new management. So now one is left to ask, "where's the bottom?"

 
watchlist Created with Sketch. Add NMS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.