Bullish Sign? - Bounced off 200 EMA, page-530

In early February this year NWH was wandering between 4 and 6 cents a share
It is now low 50 cents per share. Easily a Disallowed which warrants this thread's
heading. Yes it was as in the high 60 cents for a few days - well beyond its NTA
which is now about mid to high 50 cents, so it is down a bit from its highs and
people that bought in the high 60's think they are in trouble.
I supose anyone that buys into a share that has grown over 13 time in 9 months
should expect trouble.
They are not in trouble.
The recent share placement was set at a discount - 49 cents, so general sentiment
is down a bit and all markets are on tenterhooks'. Just be patient.

The people that have held from well above a dollar to see more than 95% of their
value disappear are bemused with the current negative comments as their confidence
is being rewarded. Even smarter people bought a lot of shares below 20 cents, so most
are very happy with the current situation and expect the SP to double again in the next year
or 2 as debt is reduced and more contracts won. Some are hoping it falls below 50 cents
so they can buy more. i.e. there is a base forming. Any reasonable new contract will
send the price higher, regardless of the market conditions.

In a recent thread concerning the share price, a rough consensus was that between now
and July/Aug next year the SP would vary between 50 and mid to high 70's or until a large
contract was won. So it is now just a waiting game. It may last a year but the SP will go up.