NWT 0.00% 11.5¢ newsat limited

.006 is being dribbled out to scare off buyers at .007 IMO. Why...

  1. 45 Posts.
    .006 is being dribbled out to scare off buyers at .007 IMO. Why buy at a higher price when a lower one 'seems' to be being filled? No guesses that some are desperate to keep the price down and make the T/O offer simply look reasonable.

    .008 isn't an attractive offer... it doesn't take into account any of the potential off the back of the last financials and subsequent contracts that were listed since those financials were released. And the idea of selling into a company that assigns it's own value to your shares and delivers no way of getting cash back for those shares is so ridiculous it's hardly worth discussing. (This is why it is listed from the very start as a hostile takeover - because no-one could possibly want it!)

    NWT has 20 odd days left to list any positive news at all and kill this very annoying distraction off for good. I would love to see someone chomp all of the .007 and take away part a large portion of shares from whoever is playing games and trying to manipulate things. Would serve them right and probably make whoever buys them a huge profit over coming months.
 
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