Taking Stock NewSat (NWT) Satellite broadband and communication services provider NewSat soared 25 per cent after announcing it had lifted revenue in the half year ended December 31.
http://www.afr.com/markets/market_wrap
Don't blame me! I didn't write that!
Using the % word too, have they no shame :)
playdo it's like the calm before the storm, you can sense the SP rise..
But seriously other posts that show you my logic (which like CSM said is my logic only and DYOR) so can I make this observation:-
Lazard don't work for peanuts, they work for some of the largest companies in Australia yet they have not charged NWT as far as I can see.
Q. How are they going to get paid? A. Success fee for helping with Satellite finance would be my guess.
So for them it's launch or bust so to speak, they are some very smart cookies so I feel at ease with the whole plan for Newsat to indeed gain entry into ASX200.
NWT Price at posting:
0.5¢ Sentiment: ST Buy Disclosure: Held
