Let me translate for Rob and the other knockers of shares they hold or never have (LOL)..
"..Is **participating** in providing a solution to the National Broadband Network (NBN) satellite strategy via a Ka band service covering Australia.."
1. To take part in something: participated in the festivities. 2. To share in something: If only I could participate in your good fortune.
Well my friends Newsat is going to bring us Good Fortune indeed!!
The worst case I see is NBN will use NWT's teleports and launch their own satellites, best case NWT does both. Either way we're in the money! Whatever happens Newsat will have a satellite up first and NBN will have to use it.
NWT Price at posting:
0.7¢ Sentiment: ST Buy Disclosure: Held