NWT 0.00% 11.5¢ newsat limited

I was in nwt /mul a long time ago. I have moved on. I invest in...

  1. 48 Posts.
    I was in nwt /mul a long time ago. I have moved on. I invest in companies that have a positive cash flow and
    strong earnings. I wished someone told me this when I started investing my hard earned money.
    NWT has no cash flow and really no credibility. A. Ballantine didn't even show at the AGM, yet still commands a half a million salary.
    Look, this company is just about run out of time. It has issued shares over the last five years to keep its daily operations running. Now at .004 cents, that is now at an end. It has a high cash burn rate and I believe it is only a matter of time b4 it ceases operations. Sorry for the bad new, I hope you learned something from your first share investment. If you get the chance read a book called "Its earnings that count".
    Good luck in your future investing
 
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Currently unlisted public company.

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