Why is there a constant discussion on the share price, which generally hovers around net asset value ($200m, $600m asset and $400m liability)... that's what the stock is worth 'right now'.
DEAL WITH IT, or sell out. There's no short term value in NWT and you'll need to hang in to launch date to get any...
Regarding the dillution, it's all been disclosed in the prospectus ... you knew it was coming and was part of the financing deal... there's going to be another potential 200m shares issued over the coming years, factor it in, or sell out. If the resolutions to approve the issue weren't passed what do you think the banks would've done???
It's a two year hold ... hold it or sell.
NWT Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
