NWT 0.00% 11.5¢ newsat limited

Today's ann although positive it's not the kind of ann that is...

  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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