up up and away, page-27

Hiya guys,

Newsat gets some coverage in the Australian today:

Pennies from heaven: microcap stocks
Tim Boreham From: The Australian December 08, 2010 12:00AM

"Defining the sector is not a precise art: the penny dreadfuls are often defined as sub-10c shares, but these stocks often boast a weighty market capitalisation because of the number of shares on issue. For instance NewSat (ASX: NWT), which plans to launch Australia's first independently owned commercial satellite, boasts a $40 million valuation even though its shares are trading at a fraction of a cent."

http://www.theaustralian.com.au/business/wealth/pennies-from-heaven-microcap-stocks/story-e6frgac6-1225965415006

cheers
billdah