NWT newsat limited
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which... 'consolidation' or 'buy back' ?, page-3

  1. sigmadelta
    10,295 Posts.
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    19/07/09
    12:33
    Post #: 5405803
    > They did the math = spend 1m and more than double the SP so for just 1m you get 20+m in market cap!!

    Eh?

    It's not possible to predict the trading patterns of shareholders in such a way. They might conceivably achieve a temporary doubling of cap, but they would have absolutely no guarantee it would last. First and foremost the business case needs to be proven with financials, which they have not done.
    NWT Price at posting: 30.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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