NWE 0.00% 5.6¢ norwest energy nl

Grasshopper, I'm not sure if I would be happy to be there at the...

  1. 233 Posts.
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    Grasshopper, I'm not sure if I would be happy to be there at the bitter end and have to go cap in hand to our friends at "De-Listed", to buy whatever shares I had left, for a fee, so that I could claim a capital loss on my tax return. That would be a worse case scenario and mean that NWE no longer existed. Been there, done that, with AED Oil and one other.

    I would, however be over the moon, if the company could manage to produce\sell some oil or gas and the SP moved up to around $0.03c. That's my current breakeven\get my money back price following a lot of trading and participating in CR's over the years.

    A magical takeover would also be a great result, if the price recognised the value of all of NWE's assets in the Basin. Xanadu alone must be worth more than that. ($0.03c per share, that is.)
    We'll soon see.
 
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Currently unlisted public company.

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