NWE 0.00% 5.6¢ norwest energy nl

motley fool, page-3

  1. 3,195 Posts.
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    Thats a fair post if you are invested in the Top 200 for the long haul. Rarely will they ever go missing from the ASX. They have income and can see off bad periods. They also pay dividends which come in handy when there is no capital growth

    Alternatively there are many penny dreadfuls that "drop off" the asx. Most times the longer you hold a penny the more you will lose. Ride em and dump em is the best way imo....and i have had to learn that the hard way.

    How many pennies actually "make it"??? Even if they get close, they end up so diluted anyway which cuts any gains.

    I can't see NWE making it. If I am wrong, I'll take the egg on my face in my stride. Hopefully there's a second round of hype to recover some funds and get out.

    If you are here for the long haul. Hope it comes good for you.



 
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