NWT 0.00% 11.5¢ newsat limited

Not quite, hoijumin. But close. :-)They had just over 1 billion...

  1. 385 Posts.
    Not quite, hoijumin. But close. :-)

    They had just over 1 billion shares issued when it hit 10 cents, I remember AB bragging at a GM that it's now a 100 million dollar company.

    So to do this again, we'd need 1.6 cents.

    As far as 10 cents goes, yes, probably not this time. But it wouldn't make them that big a company. it would make them a company worth 600 million which is bigger than Hutchinson (3 network), IINET and the likes but that doesn't mean much. It all comes down to what the market believes it's worth.

    Only one way to find out.



 
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