That was certainly out of left field but very much in line with EWC's past form. All this has done has made NWT shareholders more committed. The NWT board have handled this well on all accounts, and now it is time for ASIC to step in and close this one down. It has been going for long enough. Kind of makes the T/O board look like a bunch of idiots. I am now working on my takeover plan for News Limited. From what I have seen today nothing is impossible.
NWT Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held