NewSat Stock Price Hinges on Satellite Financing
The following weeks will mark a major turning point for NewSat Jabiru SATCOM program as two large export banks decide whether or not to extend loans to finance the Jabiru-1 satellite. Mr Brendon Lau, a NewSat investor, said that what will happen this month will either send stock price soaring or spiralling down given the huge amount of loans at stake.
