Australia's largest stock trading and investment forum Australia's #1 stock forum

NWE

Click for more information

0.00%

5.6¢ norwest energy nl

I agree - text book move for this end of the market Hope I'm...

First 57 Last

Share
Profile

Follow
Buick33

666 Posts.

13

27/08/21

13:52

Post #: 55627447
Share

Originally posted by Sk1nman: ↑

Hahahahahaha...what a joke.

Way to stall momentum going into the meaty part of a drill campaign.

IMO its pretty simple. This is all about keeping the lights on (e.g. having some salary to execs and management) post drill if its a duster.

If drilling is a success then its not a good CR cause we could have raised significantly higher / with less dilution after the drill.

I suppose its down to how you look at your investment in NWE, I can see how long term holders / suffers would like to live to fight another day. For myself LD 1 was an all or nothing investment.

Anyway let's see what happens. One thing for sure I don't think existing retail will be invited to take part. More likely S&I at a nice discount to then dump in the short term.

Good luck all long suffering holders

Expand

I agree - text book move for this end of the market

Hope I'm wrong for the long termers sake

NWE Price at posting: 1.0¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 27 more messages in this thread...

First 57 Last

Add NWE (ASX) to my watchlist

SPONSORED BY