The fate of listed Australian satellite company NewSat is in the balance. It shares have been suspended from the ASX as it seeks finance for its Jabiru-1 satellite.
In the wake of a plummeting share price, NewSat has released a detailed statement outlining its position. It needs another $37.2 million to get Jabiru-1 off the ground.
It's a mess, sadly. Will Assange ever be free?
Sounds like they'll be both processing plenty of Dosh and earning plenty of it too!
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I wonder if they would consider running a cable across the Tasman and offering Fibre Max speeds to us Aussies.[…]