I think it has gone from 50c to 13c b/c more than 20% of the stock was bought by people following and online Money making website that purely looks at a companies profit... and only 6% of them got out in the first few days, if that, it was probably some long term holders as well.
I agree on the sentiment for returns, specifically I still think the high AUD means low returns for shareholders, while it is high. The best thing for Netcomm is to spend overseas while the AUD is high. If you read between the lines Netcomm and Telstra are helping each other expand overseas, so I don't think you have to worry so much about T.
Netcomm still has 3x to 4x it's historical revenue and is hinting at 100-120M (5x to 6x). Profit may soon be equal to market cap at this rate, rofl.
NTC Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
