Yeah, gotta say it has been very well managed by Norwest.
The SP has been stable even as we must be nearing some indicative results. I was thinking we'd be seeing substantial volume and swings.
You'd think if we struck a massive column an announcement would be made immediately but knowing these guys its all going to be taken into consideration and an ultra conservative assesement made and reported to the ASX when appropriate. Dont forget we've got Barart on board so you dont go making wild announcement with those guys before running info past their management (up and down) maybe 100-150times. The joys of doing buisness in India.
If its a duster we'll see a rerating but given the volumes I reckon alot of people are hanging around for the big one in May. id be surprised to see anymore than a 10-15% selloff over the days after a negative annoucement.
Alot of investors (such as myself) see waaay more value than 6.5cps in this stock.
Im bitting my nails though!
DYOR
NWE Price at posting:
6.4¢ Sentiment: None Disclosure: Held
