Newt - I made no real profit from my sale of 50% in newsat - just reduced my loss.
IMO I had too much money tied up in this coy - enough to buy a new V8! If SP drops enough I'll be back in - If price goes skyward in next few weeks I'll just try and kick my ass with the heel of my foot.
But I really think SP will start heading north early next year...if a profit is definitely on the cards - at the moment we know 09 fy will be a loss again and only a sensational ann will effect SP IMO - I could be wrong.
NWT Price at posting:
0.8¢ Sentiment: Sell Disclosure: Held