I would think that sp might settle at about 6.5cents today, too many holders have been burned over the last 12 months and will want to exite to allow a more sgnifigant rise.
However price should rise to 12 cents or so as fracking materialises in two months time giving us a market cap similar to NSE.
Arrowsmith will definately flow gas providing the fracking goes ok and it is here NWE has a tremendous advantage over the Canning, close to Perth with an ajaccent pipeline much easier to monetise. Remains to be seen. I bet the lines are running hot in the boardrooms today.
- Forums
- ASX - By Stock
- NWE
- price action
price action
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online