NWC 5.00% 2.1¢ new world resources limited

Having bought in at 4 cents only to see it quickly retreat to...

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  1. 104 Posts.
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    Having bought in at 4 cents only to see it quickly retreat to 3.2 cents today is a bit disappointing - but despite the current dilution, owning the stock is about your view as to whether this is a circa $70 million market cap company or multiples of $70 million. Given the asset, the cash in the bank, the likelihood of positive news ahead, my view is the risk reward is heavily skewed to the upside



 
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