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Technology Stocks : NWLL

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To: Francois Goelo who wrote (18)1/3/2000 11:48:00 PM
From: Coachman  Read Replies (1) of 265
 
That would make sense.....they still have to do their DD as stated before final numbers are decided in regard to the Nasdaq.

"After formal due diligence is completed and with the approval of shareholders, New Tel will then seek to raise a further A$200 million on The Nasdaq Stock Market in the USA to fund the development of the business. It is proposed that the equity placement will involve 100 million shares at A$2.00 per share."
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