Right now the only sure things with NTG are the finishers in the National Telecoms Group Handicap 3yo Fillies - the first at Randwick today.
Just Box 1,2,4,5 for the First 4!
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The Rights Issue @11c is more perplexing, considering:
- latest EPS of 9c
- September cash of $18.425m
- June dividend of $1.82m
- Buy-back of $2.6m at 70-120
- Fraid buying big at higher prices
The prospectus should be interesting.
NTG
national telecoms group limited
ntg rights issue, page-6
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