NWT 0.00% 11.5¢ newsat limited

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

  1. 10,295 Posts.
    lightbulb Created with Sketch. 999
    > 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.
 
watchlist Created with Sketch. Add NWT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.