Mate, just researched your posts on other stocks. You're record is appalling. Do you really make money out of trading? If your first post on a stock is anything to go on, based on your past posts, rob is right, NWT is heading for .3c.
Reality though. Today's announcement is the start of the NWT PR machine that we were expecting after the SPP announcement. AB is now in his element, this is what he excels at, extracting money out of the poor unsuspecting investors.
The company will be doing everything they can to pump the price now because if they don't there will be very few takers. Noo-one with any sense will, for example apply for shares at .0052c when the VWAP was .006c over 5 days and the shareprice is hovering between .5/.6c. Why on earth would you bother for a measly $15K? You'd just buy the stupid things on-market. The placement will happen, its MUL/NWTs forte. Quick trading opportunity is beckoning for those inclined.
Tha announcement was a joke by the way. That 8000 shareholder bit was in particularly funny. Most shareholders have puny amounts due to share issue and share price depreciation. But apparently they're the reason NWT is where they are now. Well, yes in a way, the sucker $100mill worth of funds these poor investors provided in the past is why NWT is still here.
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