Just a bit of fun but food for thought. If the NBN will cost 43 Billion and 10% of the pop will need wireless/satellite, then that will require 4.3 Bil of the funds hypothetically. If NWT was Australia's best option for Sat/ Teleports, I would carry out a govt funded T/O of NWT. Even at 2c per share that would be the buy of the century (cost 140 mil). The govt has wasted more money on failed Defence acquisitions. No seriously this new player who wiped out 130 mil shares did the same thing I would if I had the money. However I have to say they probably had the same view that I do on NWT's prospects. Long term!!! So if this player wanted to make an absolute killing of Rene Rivkin proportions. ( no insider trading pun intended) we definitely wont see any dumping soon. Thoughts anyone?
NWT Price at posting:
30.0¢ Sentiment: LT Buy Disclosure: Held
