I have been a buyer of nms and have held for a while, I sld out my last positions today at 3.4c..
looking at the trading...last time MTQ bught the shares went up to 3.3 ish..then fell all the way down to 2.3...
the upward momentum has been in my opinion been caused by pratt family and mtq buying...
mtq average price was 3.1c.. which if you read their report to their share holders the went to great length to tie in that price with the NTA that nms have stated...
Daytraders may have also entered in the last week or so...if no momentum they will sell... if mtq or pratts are not buying then it could slide... i still think mtq will take over...but not just yet... so i have none at the moment I can always re-enter if i see a change... also worlds markets jittery again...small caps get hit...
trying to be transparent with my investing...dyor
NMS Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held