The last NOD report that I read carried a warning to the effect that foreign competition to supply accommodation to the resource companies was a threat to NOD. For a company that cannot make a satisfactory living trying to supply its products in its own backyard, I think that the idea of horning in on the Japanese requirement is a pipedream.
NOD shareholders should crawl in abject supplication to Fleetwood, or some other well managed company, and beg its management to rescue NOD from the fools who have mismanaged it for years.
NOD Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held