I am going to say this one more time.. There is Very little downside.................
Unless the company goes bellyup, then a worst case senerio imo is 1.5c.
Lets say you buy 200k shares at 2.4c, then the worst case senerio would be a loss of $1800 . However, if the management and the company moves forward as expected, then we could be easily seeing 5,6,7,8,c within a short time , announcement dependent. This would give you a profit of 6k upwards. For me its a low risk, potential high % gain punt.
NWA
new world alloys limited
I am going to say this one more time.. There is Very little...
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