NTC netcomm wireless limited

Ann: NTC To Supply DPU's for nbn's Fibre to the Curb Project, page-9

  1. 4,217 Posts.
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    Despite not having a cult following on HC (which is another reason I like this stock), the announcement certainly seems to have been noticed. Share price is looking to open 17% higher.

    ~$2.60 is where the share price was in September in anticipation for a FTTx contract.

    It then fell further with Ophir selling and with the delay in news.

    If the SP closed at $2.60 yesterday, this announcement would still earn a 15-20% jump.

    If Management can also talk about some near term goals at the AGM, this should close in the higher range of $2.
 
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