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Ann: NewSat secures US$11.7M contract for Jabiru-2 capacity, page-36

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gannp

2,645 Posts.

8

10/07/14

12:00

Post #: 13638906
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Originally posted by Gren1 ↑

Dead right. The performance shares were voted through on the back of AB's J3, J4, J5 etc.. pronouncements and his constant use of the Avanti upward SP graph. Funny how that graph was put in the shredder a long time ago but they still avail of the performance shares. Performance shares = finance = significantly de-risking and enhanced SP. In actuality Performance shares = finance = partially de-risking and p*ss poor SP. Unfortunately as per the most recent announcement, they even make a mess of good news by 'appearing' to be attempting to deceive the owners of the company, the shareholders. AB needs to go next year without a doubt as he seems to have contempt for the majority of shareholders and, if truth be told, does not have the necessary skill-set to run a company with NewSats aspirations. We live in hope but we need someone with experience to steady this (space) ship........ And even with all of this I am not holding to sell, i am holding to hold. if we get the right man on board we should still be rewarded for all the heartache by late 2015 early 2016 (sorry if you've heard this all before......!!)

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Sometimes the shredder gets emptied before it is switched on.
This is the Avanti graph you were referring to Gren. Apologies if quality a bit poor

NWT Price at posting: 28.0¢ Sentiment: Hold Disclosure: Held
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