NWT 0.00% 11.5¢ newsat limited

telstra getting into satellite phones fyi only, page-17

  1. 112 Posts.
    re: not long now but no news I like to get my money to work for me. It is very hard to get maximum returns without taking a significant risk. I believe that people perceive NWT to be a high risk (and it is if you can't afford to hold).

    As far as I can tell NWT's worse case scenario is that it hasn't performed as well as expected and the price drops to .07/.06 again. Even at .05 I am only risking 1/2 of my investment (if I sell at that price). I just can't see NWT going down the plug hole just yet.

    The best case scenario is that I get a 300%+ return (I don't plan to hold this stock past 4cents). To me this doesn't really sound much like gambling. I do like a gamble but I also like to minimise my risks and I would take NWT over the Crown Cas any day.
 
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Currently unlisted public company.

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