Hi Aiming,
NURM in the past, an empire, today, ahem, Not.
It is the last & only company which has not
been sold out.
Fortissimo believes their investment will bear fruit,
by enabling NURM to continue its operations, and return
to profitability.
Once NURM is on the right tracks, and prove profitable
for some consequitive quarters, it will probably be
grabbed by one of the three major players.
Risk for Fortissimo is substantial, but if it works out,
their gain will be no LESS substantial.
Fortissimo is backed by owners with deep pockets, which is
a positive.
If i take EVS as a model, Shamir bought at 50cents with an
option at 55 cents, therefore my take is that NURMs market
price will slide to the 37-39 cent area, and upon final
approval at 21OCT, the price will rise to the 40cent area,
in expectations of positive turnaround.
Even with monies infusion NURMs life isn't going to be easy,
but it is going to be very interesting.
In short, i do not have all answers, but i see a clear possibility
of a substantial upside from this point onwards.
My own buy order is still pending.
Regards,
Dubi
