Any shareholder would be mad to accept .008 T/O bid of newsat considering the potential they have worked so hard for.
Lazard would not even consider NWT if they did not have huge potential to become the leading and only satellite provider in Australia.
To consolidate a company with blue chip clients, Govt, military, oil & gas etc below 60c would be an insult to shareholders who have backed this potential gold mine from the beginning.
NWT technology is fast becoming the present and future for high speed communications and data transfer, this is why the interest for this technology is being noticed, and other companies want it for a song now before they announce major blue chip contracts.
This technology is so advanced that it can not be replicated and the strategic earth station positions of the teleports are creating international interest.
It will be interesting how this plays out now, but I have no doubts that Dr Starr is in the wrong constellation
NWT Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
