NWT 0.00% 11.5¢ newsat limited

on track, page-44

  1. 2,645 Posts.
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    The announcement has been held back.

    Negotiations continue. Mgmt are working hard to ensure best possible outcome and least possible dilution.

    I believe they have more than enough interest and funds to choose from so it will happen. Simply depends on how long it takes to get the best deal. It is a tough market in which to put out your hand for even a house loan but try asking for for $200million especially given the the World monetary situation. It is a very big ask however the ann will happen soon.

    SP being manipulated by BOTs at the moment. At least 16 of the final 20 trades today were BOTs.

    The fact that the news is later than expected is giving rise to a bit of anxiety and selling off.

    I wish I had a few spare bucks as it is a great time to buy IMO.

    All we can do now is sit tight. We have waited a very long time so a few more days aren't going to hurt as long as it ends up getting what we need.
 
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