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  1. makattack
    34,916 Posts.
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    08/02/12
    15:58
    Post #: 9663953
    I think it has been orchestrated as I have said previously to give a nice $10mill worth of shares to underwriters. Whilst if true that would suck, on the upside they wouldn't be paying 60c a share if they didn't think it was going to move susbtabtially higher than that, so I think there will be a push upwards once the short-term price drifts downwards. It may take a little while to play out though.
    NWT Price at posting: 60.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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