NWT 0.00% 11.5¢ newsat limited

promises promises, page-2

  1. 172 Posts.
    I did not hear this interview but I sold my holding of NWT recently - at a loss of course. I have given up on this company because the only way the shares move is down. There just is not much room left in the down direction and I can't see any upside. They cannot get contracts - is that surprising? - would you trust your business to a company that has a sp of half a cent? The shares are like confetti - and worth about as much as confetti. If you fly a plane too low it only takes a slight down draft for it to crash - that is the way I see NWT. They have left themselves no way out of their problem with the sp, because nobody trusts them any more. It will take a miracle for them to get out of the hole they are in.
 
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Currently unlisted public company.

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