NWT 0.00% 11.5¢ newsat limited

this was always my main problem with this coy - where were they...

  1. 745 Posts.
    this was always my main problem with this coy - where were they going to get the money from...

    now we know the way it goes

    have company

    CR and dilute for a few years until it SP goes to 0.003c then it comes back to 0.01c

    consolidate shares that you have issued... 50:1

    need more money - lets so another CR - dilute some shares

    now need to pay for the satelite (without which the coy has not much) ahhh lets dilute shares by 2

    rinse and repeat is what this company is good at all the time using Shareholder money

    good luck with this one may even hold 0.60c but I haven't bought back in since I sold @ 0.009 pre con
 
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Currently unlisted public company.

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