NWT 0.00% 11.5¢ newsat limited

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  1. 34,916 Posts.
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    Would have required 333 investors to apply for their full quota of $15K to make $5mill. On the basis of what you received (assuming you applied for $15K) that means close to 1000 applications. Not a bad effort but its folly to doubt ABs ability to extract money from investors, been doing it for years.

    So if $5mill fully subscribed that's another 1.35bill shares. That's 8bill shares. Marketcap of $40mill. Some friends who have been banned from here but ramping unashamedly on other sites are suggesting 3c soon or a marketcap of $240mill. At least that's down from the 7c and 9c claims a couple of years back.

    Think we'll see a run from here, the PR machine is about to start up again after a short break. .6 or .7c will probably be a perfect point for some of the .037c SPP purchasers to sell for a nice tidy gain. Possibly $2K-$3K for you avthold04. Nice.

    I still hold tightly onto my $500 of shares.
 
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