I totally agree with your comments Navygulf. We have both been singing from the same sheet of music for some time and now at long long last sanity has prevailed but it is disappointing that the management and board failed to listen to shareholders well before this. It is also disappointing to note the background of the new chairman. He may have been handy when CL was on the rampage but in the current environment it would have been beneficial to see someone with an exposure to the industry in which NMS operates. It isn't a financial institution even though it has experience in burning shareholders cash in very big licks.The difficult task that NMS would have faced in replacing the Chairman is their track record. Not a company to gloat about on your CV.
NMS Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held