The closer you get to the rainbow end, the more shares get issued.
And now NWT shareholders only see 20% of this Jabiru fantasy. If it ever comes to fruition (which is very unlikely in my view), watch that 20% get diluted by new issues in the spun-off company. Seen it all before. Can't see too many falling for this one. I guess 100% of nothing is the same as 20% of nothing.
How quiet is NWT thread by the way when newtg isn't around to ramp via new threads every couple of hours.
NWT Price at posting:
25.0¢ Sentiment: None Disclosure: Held