Please tell me what you think the assets of Newsat are worth ...anyone ?
IMO and just a very very rough guess let's say $150million
NWT have no debt but a heck of a lot of shares on issue
Approx 7 billion
Can we divide $150m AUD by 7 billion shares = .021 ?
Nar !!!!! thats too much for NWT !
Lets say the assets are worth $70million / 7 billion shares = .01 Nar !!!! the assets must be worth $50million / 7 billion shares = .007 Oh thats better
DYOR as this is my crazy opinion only
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