NTC 0.00% $1.07 netcomm wireless limited

Not sure Stewart as Director of NTC can organise to sell his...

  1. 65 Posts.
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    Not sure Stewart as Director of NTC can organise to sell his shares for much greater price than other shareholders. The current SP is a reflection of the Board’s inability to clearly explain the company’s future strategy and likely financial success to investors. Instead they communicate with vague promises of future good times. They are mesmerised by winning awards for technical innovation rather than winning contracts. The position the company is in is the result of its management not shareholders voting against their unjustifiable remuneration. I do have sympathy for Mr Stewart who has seen his shares with a market value of $70m drop to under around $15m (he has sold some in this time which didn’t help).
 
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Currently unlisted public company.

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