NWT 0.00% 11.5¢ newsat limited

georges eats humble pie, page-25

  1. 1,396 Posts.
    Dondiego - I posted the comment about December cashflow EBITDA... to clarify: a general comment was made to me about the whole 6 mth period, stating something like:

    we had accumulated negative EBITDA earlier in the reporting period and our comment about positive EBITDA refers to a mth by month situation and not the enitre 6mth period.

    To me it implied that they either made their first positive mth in November or potential December.

    I argued that the statement made would have meant the whole 6mths to ppl and did, and informed them that their share price doubled immediately at the time because that was how the whole market interpreted that sentence.

    I also mentioned to them that ive observed over 50 investors talk about the expected positive EBITDA for the whole 6mth period ever since their ann of 14/12.06.

    Still a major riddle and wordgames if u ask me.

    All i was told was 'point taken'.
 
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