NTC netcomm wireless limited

finesse123 If you compare the NTC chart with the Small...

  1. 615 Posts.
    finesse123

    If you compare the NTC chart with the Small Ordinaries (closest thing I can compare NTC to) over the last 6 months you will notice that NTC started its descent 2 months prior. I did mention previously that NTC has to win a contract to deserve its $0.70+ share price, I was even concerned when it was at $0.40. Whilst I believe the share price will continue to drop, NTC could announce a decent contract this month or early next year. As I like a gamble, I have started to repurchase stock this week purely on the chance that NTC win the Ausnet contract or the unlikely chance of an elevator contract in 2015.
 
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