NWT 0.00% 11.5¢ newsat limited

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  1. 928 Posts.
    Today's ann although positive it's not the kind of ann that is going to see a dramatic increase in the sp.

    I was expecting more of a sell off from the shorter term traders/holders today, but the buys at 7 and sells 6 were quite even. The next few days trading may give a better indication if this run has more legs.

    As for the company being in profit, I agree with Cyberio's numbers and IMO there will be no profit for the 08-09 financial year. Although they may provide a profit forecast for the 09-10 year(not that the company has a good history with this).
 
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