Newsat are signing up companies on a weekly basis, most are small (based on past accounts) deals but some must be as stated in the last ann very large.
I believe assertion this to be true else I would not have purchased more at 5.
My questions are..
What if the very large deals they are talking (in ann) about were mostly for the new Satellite?
They must pre-sell capacity to launch, that's a given.
My feeling is they are having more success in this regard than even they thought they would, so how and when will this effect the SP?
All MUST be revealed before June 30 however NWT is under no obligation to tell the market about how much capacity has been pre-sold (as I understand it)..
I can't be the only one joining the dots in this way so would it not be fair to speculate the SP would rise ahead of the news and possibly fall afterwards?
What do you guys think?
You may need to balance out my more positive than ever!!
NWT Price at posting:
0.5¢ Sentiment: ST Buy Disclosure: Held
