Something else: Why haven't we seen a reaction from NWT regarding the takeovers panel decision? They are probably just about to release a statement and I hope it says something along these lines:
"While NWT regrets the decision, management is confident that the 1st quarter results together with some significant new contracts being finalised and announced within days will provide enough leverage to lift NWTs share price well above the current offer provided by EWC."
That would be the sort of statement that would add confidence. How about it guys? Wouldn't that be the way to go?
NWT Price at posting:
0.6¢ Sentiment: ST Buy Disclosure: Held