1. Most Discussed
  2. Gainers & Losers
NWT 11.5¢

ExIM vs. LM vs. Newsat

  1. gannp

    2,594 Posts.

    Hot off the press:
    NewSat's Singaporean shareholders consider suing US Ex-Im Bank

    "NewSat's second-largest shareholder, former Deutsche Bank executive, Bryan Yap, claimed Ex-Im's actions were "borderline illegal".
    I'm already exploring my legal recourse," he said. "They may be funded by the US government but they also have fiduciary duties with certain lines they can't cross and I think they've crossed the line.

    It's perverse that their own government is trying to derail this with a silly spat over hypothetical issues."

    "All the major shareholders have already said they'd support a rights issue because they want to demonstrate confidence in the company," he said. "It may or may not be necessary."

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.