I agree "uncledez", it's about time NewSat's share price went up higher, than it currently is. Forget about any news, how about the fact that it is one of the better small cap companies around. If anyone checked the financials of NewSat, compared with other small cap companies, biotech, mining and others, they would see what I see. NewSat has money in the bank, from the profit they make, from all the clients they have, have no debts and no losses and a management that has been praised by their peers. Regardless what people may think of Adrian Ballantine(AB), he has steered the company from the dot.com bust, through the GFC, to a successful little company. Not too many small companies have survived both.
Other small companies, by comparison, only have money in the bank from share purchase plans etc, no sales, no profits, heaps of losses and debts that will take years to pay back, even if they start to make a profit. Yet, not too many sharetraders invest in NewSat and I cannot understand why? Maybe we need it to become the darling of the daytraders, in order to get a decent price movement?
Anyhow, being the wishful dreamer that I am, I will keep hoping for more than just good announcements.
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