New Tel - 12 million shares traded

  1. 1,646 Posts.
    Did everyone see the trading in New Tel on Friday. Over 12 million shares traded. I am hearing that the DigiPlus deal is about to be announced, and it is generating in excess of $15 miilion of Profit per year.

    At a low PE of 10 times that will value New Tel at over 40c. Not bad at these levels. Finally New Tel is going to deliver.

    Should be an interesting next couple of days......

    Any thoughts?
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