This is what Peter Malone said last November at the AGM:
"Australia's fifth largest full service carrier, New Tel Limited (ASX
code: NWL, NASDAQ code: NWLL), announced at its AGM in Perth today
that its revenues over the year had risen by more 300 per cent and
the company has been profitable since October."
and this is the result for the 12 mths:
"Operating revenue increased
by 321 per cent to $144.8 million compared to the previous twelve
month period with improved earnings before interest tax and
depreciation (EBITDA) of minus $16.0 million."
Perhaps one of these years they will announce a dividend.
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