Ann: Preliminary Half Year report, page-16

Point taken but removing the options from calculations with over 2 billion shares on issue doesn't move the needle.. Maybe I was a little mean adding them but not factoring in them being cashed... Then again if the share price is 2 cents not many would be too worried haha

New Directors:

Haworth - 0 shares (wife 4,500 shares)
Nader - 0 shares

If these two both started purchasing it would make me reconsider what is going on in the background... I might even buy a parcel

Hopefully someone will find it helpful that P/E, NTA etc quoted by companies, brokers etc need to be cross checked against the financials to check accuracy or probability of being realised..

I don't think that anyone would argue that even though NTL carry 14.5M worth of assets on the balance sheet the current liquid value is half of that at best... Therefore it is a little naive if an investor says the NTA of NTL is 1c therefore I am getting something for half price when half the assets are recorded as "under construction"...

If everyone has the same opinion on every stock they might as well shut the forum down