got interested in this when it was mentioned at small cap conference as a real goer a 10 bagger. Also followed some of the others. All have had mixed results.
NWT has just continued to wane. The problem with this is that there seems to be a lot of bad history on this one that is making it hard for it to do anything, even if management did turnaround as explained in the conference.
im keeping an eye as it may do anything and move very quickly with lots of news which has not been forthcoming.
but with some 4 billion shares seems that there will be a lot avaiable. also its that time of the year where loss companies as this is will see selling pressure as people offload. so you may end up with shares at 0.005c half a cent. also some 500m shares may be issued shortly from the conversion of the convertiable note due shortly
just keep an eye on it as signs will give it away - positive news coming out, posting activity moves up dramaticily as rampers step in, so does volume move up and then the price followed by even more positive news, then everyting stops.
not a long term investment at this stage, extremely speculative to say the least
NWT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
