NWE 0.00% 5.6¢ norwest energy nl

VIDEO: Norwest Energy well-funded and continues to kick goals at Lockyer Deep-1, page-166

  1. 3,089 Posts.
    lightbulb Created with Sketch. 5875
    Its a bit tricky.
    5.5c means we add $130M to current market cap. 7c means we double current market cap to $500M. And it needs to be sustained over 30days. You know my view is that eventually we could be well over 20c, and imo we should be valued at closer to 7c now - hence why i called them low ball.

    Im keen to see how it pans out, as for me, the voting numbers will be a "proxy" indicator of SH support for the board. Im hoping it romps in unanimously, as that is a resounding message to any would be predators, and a comforting message to the board, letting them know they have SH support.
 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.