Please tell me what you think the assets of Newsat are worth ...anyone ? IMO and just a very very rough guess let's say $150million
NWT have no debt but a heck of a lot of shares on issue Approx 7 billion Can we divide $150m AUD by 7 billion shares = .021 ? Nar !!!!! thats too much for NWT ! Lets say the assets are worth $70million / 7 billion shares = .01 Nar !!!! the assets must be worth $50million / 7 billion shares = .007 Oh thats better DYOR as this is my crazy opinion only
NWT Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held