nwl, true to form

  1. 235 Posts.
    This is what Peter Malone said last November at the AGM:
    "Australia's fifth largest full service carrier, New Tel Limited (ASX
    code: NWL, NASDAQ code: NWLL), announced at its AGM in Perth today
    that its revenues over the year had risen by more 300 per cent and
    the company has been profitable since October."

    and this is the result for the 12 mths:
    "Operating revenue increased
    by 321 per cent to $144.8 million compared to the previous twelve
    month period with improved earnings before interest tax and
    depreciation (EBITDA) of minus $16.0 million."

    Perhaps one of these years they will announce a dividend.

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