Rich - no, only a DT or uninformed investor jumps at this point.
Do your research and you'll see what NWE is really all about - it's not oil....it's SHALE.
They have one of the largest acreages going in the Perth basin and *fingers crossed* their exploration of this area is where the value is really found.
This was just the first quarter - and if you played it right - you'll be set up for half time.
Just know your plan, your goals, and stick to them.
Do that and you'll be just fine.
Me - I'm waiting for the heavy dumping to start, have a gut feeling we'll see consolidation in the 3's.
NWE Price at posting:
4.2¢ Sentiment: LT Buy Disclosure: Held