NWT 0.00% 11.5¢ newsat limited

worth a small holding..., page-8

  1. 390 Posts.
    good point. The real problem is the expense ration of 70% and by the deduction the gross profit. having read some of the posts, it may be conservative given that more is fixed than variable. This could drastical change the numbers. but either way the 6 monthly results will show the true position.

    It is a turnaround story, and as has been put the old MUL stigma is still there, but slowly disappearing. This rise does not feel like a ramp of the past where the share price rose from 1.6c to 3.0c in a day and then disappearred as quickly. This seems sustained and based on the volume a lot of new shareholders. Some are turning over, but others holding.

    The lack of movement seems similar to yesterday afternoon, and then wham. im just wondering whether some one allowing thw sell at 1.3c to build up before they sweep and quick a 20 or 30m in one hit.
 
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