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06/02/12
19:09
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Baillieu reported a 20% drop in the target price from $2.50 to $2.05 becuase of a change in analyst and removing J3-5 from the target.
Still there is a lot to be positive about....
NWT continues to meet milestones to launch, sign new contracts, comfortably cover operating costs from the teleport business and gain more coverage.
Based on a current price of ~60c and a target of $2.05, that's a return of only 340%!!
I maintain my holding and continue to tell my friends now is a good time to buy before the next big move up...
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