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gannp

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26/08/15

18:13

Post #: 15880913
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Originally posted by gannp ↑

"is their some icing on the cake for them post Newsat!"
Quick answer MA is no. While Speedcast may pick up some senior management [although I very seriously doubt it] it will be coincidental rather than instrumental. They do not appear to have need of any of the people who orchestrated the mess.

They have already interviewed and selected those they want. None are from senior ranks.

As far as keeping an eye on Speedcast in the coming months I agree but not from the perspective you espouse. They could well be worth more than a second look for those wanting to reinvest in the satellite/communications market. This opportunistic pick up for a song of Newsat assets can only assist their SP and forward projections.

They are doing it right, have the foresight and managerial expertise [not wannabe entrepreneurs] have the right team, responsible and accredited Directors, and are not weighed down by Newsat baggage. All the things Newsat weren't but should have been.

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For the latest, check out the video on SMH website and The AGE business section tomorrow.

This is gaining the momentum and recognition it deserves.

NWT Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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