NWT 0.00% 11.5¢ newsat limited

Apparently NWT announced an SPP because they dont need the money...

  1. 34,916 Posts.
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    Apparently NWT announced an SPP because they dont need the money (or wait a minute, they dont need all of it). What he meant to say was that their recent canvassing of shareholders by phone indicated no interest in attaining up to $15K of stock at 0.4c when the share price is already at .4/.5c and also diluting their current shareholding by up to 1/7th with the issue of over a billion more shares.

    Go figure!
 
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