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SC 13G/A from FMR

April 10th, 2013 · No Comments

FMR (Fidelity Management and Research) just filed a 13G on NQ today. As of 12/31/12, FMR owned 363,263 ADSs and now then own 6,273,815 ADSs (13.33% of the company). Smart money did their due diligence and now own over 13% of the company. Valuation is dirt cheap , technology was just validated by the 3rd largest wireless carrier (America Movil) and the deal pipeline is full.

via SC 13G/A from FMR.

Tags: NQ