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re: Ann: NewSat Share Purchase Plan (SPP) off... Tech industry...

  1. makattack
    34,916 Posts.
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    05/02/10
    16:28
    Post #: 6294686
    re: Ann: NewSat Share Purchase Plan (SPP) off... Tech industry doesnt work like the oil industry. Last I checked we were not in a tech boom. There is no way a report that will contain the need to raise $400mill+ with a forward plan of 2.5 to 3 years will induce the interest to push NWT to a ridiculous marketcap of $210mill. Especially considering (according to some) NWTs slice will be only 20%. Only an NBN contract announcement could create that sort of interest and that ain't going to happen by end of June.

    Cmon AB whats in your bag of party tricks. I'm an impatient investor.
    NWT Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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