There will be further dilution, Nick himself has already said that he will add a strategic investor to move forward. That means additional dilution and if you look at the current price per share it is easy to conclude that there will be at least a doubling of shares.Nick and other directors putting money in is a great sign that the project is going ahead.But let's face it, prices of 0.2aud are completely unserious. Once you double the number of shares and factor in a small discount for being UG and a single asset, I find it hard to get a price per share above 5-6 cts.I would like to be wrong because I am a NWC shareholder.
There will be further dilution, Nick himself has already said...
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $239.5M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.8¢ | 6.7¢ | $1.291M | 19.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 225228433 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 24662637 | 35 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| NWC (ASX) Chart |