The sale could be any particular group. could be the dude that bought 60m a couple weeks ago thinking they could fire up the SP only to find that no fire could be lit and got frustrated. Thinking that a 60m sale would panic the market and cause a flood of sales. this doesnt seem to have happen. NWT seems not to be a day traders delight anymore. Waiting now for real news.
If you think about it between 1% and 2% of shares are traded on average, meaning 98-99% are being held for the long term.
As i keep saying, it will be a very frustrating and for some a scary wait. One thing that that I am 100% certain is that a share price will go up and down and up and down.
invest only what you can afford.
NWT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held