NWT 0.00% 11.5¢ newsat limited

TG, Why would they hold back information? How does this benefit...

  1. 5,224 Posts.
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    TG, Why would they hold back information? How does this benefit anyone? If they had released real information the RI may be 1 cent and not 0.5 cents

    Overall they seem to have contempt for smaller shareholders. If you own 1 mil shares how can you be expected to quadruple your holdings on what is still a speculative niche player that continues to baulk at releasing real tangible news.

    Hence my immediate sell recommendation at anything over 0.5 cents with the knowledge that you can always buy in lower. I think the final issue price will end up being 0.4 cents.

 
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