fluffymassive if you bought into this company it would indeed be a massive fluffy! Mate all this talk about holding for 2-10years... mate they've only been holding on for so long because they have no choice! If you want to jump ship it'll take you 1month absolute MINIMUM. I guarantee this mate. NWT is IMO not ready for anything, the NBN will NOT go through if krudd is booted out of office. Which is exactly what the polls are saying at the moment.
I bought in last year and in that time NWT has peaked at 0.007/0.008 in which time i foolishly held on anticipating the one piece of news to shoot this out of the stratosphere...but it hasn't. Since then it has slumped and stayed put at 0.005/0.004 So don't think that holding for 2years means that this is a good investment. Just remember that most brokers only sell a stock because they already invested in it. Once hype takes hold of the stock they begin to sell off.
NWT Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held
