This is excellent news, now lets recap. Since the start of December we've had these announcements:
* Shareholder overviw of NewSat Limited * NewSat CEO`s Highlights for 2009 * NewSat`s Record Growth Continues * NewSat Secures More New Business With Blue Chip Customers * NewSat progresses on the development of Jabiru * Share Purchase Plan (SPP) * NewSat strengthening the Australian Satcom Industry * NewSat - Jabiru - 1 Explained * Chairman`s Address to NewSat Shareholders on Financial Progress * New Directors Appointed to NewSat Board
On average 1 ramping announcement per week plus an endless number of media articles posted by Newtg saying the same thing over and over again.
At the start of December the shareprice was hovering between .4c/.5c. Guess what its still hovering between .4c/.5c. The PR isn't working. The company will be spewing, they would have expected to have been able to offer the SPP at .052c with the shareprice hovering at maybe .8c with all those rosy announcements lined up. But instead we have after today the final calculation for issue price starting and just 5 more trading days after today for applications to be sent. Need to decide soon. Who's in for some stock at .4c? Hands up?
NWT Price at posting:
0.5¢ Sentiment: None Disclosure: Held
