I agree the complete audited reports were released to the market, also the announcement of fabrication being sold was released. However, we are not interested to know how much more loss the company will be facing this year. We would like to know are we winning work? Are we forecasting for any turn around this year? Is there a forecast for the next 3 quarters (keeping in mind a full year forecast was not released to the market). This was all done while CL was in charge and this was promised by RK during the capital raising presentations.
As a shareholder and a investor in the company we all would like to know what is our ROI going to be at the end of the day and when does this saga of continuing losses and splashing out money to executives come to an end. It does take a while for a company to go through re-structuring and even that activity finishes. There doesn’t seem to be an end for NMS.
NMS Price at posting:
2.7¢ Sentiment: None Disclosure: Held