In Nov NMS reported a $14.5m project award with another player from which the NMS revenue share was expected to be $7.35m. In April 12 Chandler (always a reliable source of information) was moderated for reporting whispers on the street relating to the sucess or otherwise of the same project. No new work has been announced in over 7 months. This is abismal in a booming market where absolutely everyone is being awarded work. No news from NMS is DEFINATELY not good news based on how they operate. Heck, even a pep talk or market update would be something. Investors are being treated like mushrooms.
NMS Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held