haha champ2003 i think your reading to much into this T/O...

haha champ2003 i think your reading to much into this T/O bid.

'It wouldn't surprise me to fins out at a much later date that AB is involved and used a dodgy takeover offer to try to bid up the share price.'

My take on this whole saga is that EWC are incompetent fools who surprisingly have inflicted quiet abit of damage upon Newsat. Also that NWTs management are ignorant of the SP and most importantly the number of shares on issue. It appears as though the return to shareholders isn't their first priority and no surprises either. Look at their bloody fat pay checks, they don't have a care in the world. All they know is that they get paid almost 8K a week, life is good.

The longer this draws out the more shareholders who are going to be frustrated like i am at the moment. But only the wise will hold on, the impatient will flee and later regret that decision. We must be two steps ahead of these EWC clowns. I'm holding because the only thing thats going to drive the SP down is fear and impulse. Not at bad news, not at the company as a whole but simply because traders portfolios are in the red.

I'm sure NEWTG will be loading up at the moment. He knows better than to give into these clowns.