Hi Chromozome, sory for the late reply. I didn't end up going to cebit due to work and felt 1 hour was not enough time to see everything.
Im happy with the latest announcement but day traders seem to be jumping on now and destroying the value and not letting the share price run on a good announcement.
I guess you have to look at the positive side which is the liquidity of the stock has increased in the last month and more people are aware of it now.
I do recall times when it hardly traded or traded on very thin volume so times are improving. Good luck NTC holders!!
NetComm Supplies Broadband Equipment to Telstra Corporation
SYDNEY, 30 May 2008:
NetComm Limited has announced that it has received the first orders from Telstra in
relation to the Product Supply Agreement announced on 7 May 2008.
Orders to the value of approximately AUD10.5 Million have been received for delivery of
products in July and August 2008.
These initial orders are to fulfil the channel pipeline, subsequent orders will be of a size
appropriate for the product acceptance run rate.
NetComm Limited anticipates the Telstra business will have a significant positive effect
on the company’s future revenues.
For further information, please contact:
David Stewart
Managing Director
NetComm Limited
T: 02 9424 2000
E: [email protected]
Hi Chromozome, sory for the late reply. I didn't end up going to...
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