NTC netcomm wireless limited

Ann: NTC Investor Update Presentation , page-4

  1. 2 Posts.
    Yes VERY disappointing result. I sold out this morning at 16.5c after buying last year at 32c before the huge spike, then averaging down at 29c after the huge drop, thinking that it would eventually return to around 40c because of good fundamentals. Now we've had nothing but downgrades. Estimates for next few half-years are pretty bad, especially when me, and apparently a lot of other people, seem to have been expecting pretty decent results.

    Oh well I guess. I'm minus $10k now but yeah I wasn't taking anymore chances. Share price is probably going to sink a bit more. At least I've now learned my lesson to use conditional trading. From $6k gain to $10k loss ffs lol
 
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