a really good week for nwt, page-5

Plane and everyone reading I wish I could answer a Q like where the SP will be in a given time :)

It should be clear that I've been wrong before with this one, what I have said, is I'd rather lose money than sit and watch the day it really takes off (that's approx 30 seconds after I press SELL knowing my luck!)..

Let's talk about shares..

==> 7b shares x .06 42m Market Cap (up from 27m a day ago!)

Let's say they get to 5m income and we accept a PE of say 25.. That would mean the SP should be around 1.7c

I may have my math wrong (sure I will be corrected) but that looks to me as:-

Earnings Share Price
2m 0.7
3m 1.1
4m 1.4
5m 1.7
6m 2.1
etc.
===============================

The numbers floating around are much higher than above.. This also assumes 25PE why not 30? 35? Plus this does not factor in any T/O action. Why would it not happen now we know someone wants NWT's spaceports?

I hope this helps, it's the way I look at it. I don't think anyone here would be brave enough to put their life on a statement like "NWT could never make 5m/year"..

I agree Newsat should use a portion of profits to buy back shares, that's what I've been recommending.

Once companies consolidate they often find themselves right back where they started. If NWT does consolidate my feeling is it won't be before 4c or so.

Please do your own research, I'm too close to this one (SP wise) :)

TG