Although the SP is what it is, there's no question NWT have failed miserably in their efforts (if any) to support the SP. For me 60c should be the MINIMUM SP level that these guys are judged against - based upon their capital raisings at that level. So, to date they are performing extremely poorly, irrespective of huge contract announcements around the corner..? I'll also judge them against the Avanti SP comparisons that they were so happy to use when attracting new investors. Looks like the Avanti Powerpoint slides have been firmly archived in the bottom drawer of the filing cabinet. I'm still positive, but its time for the shareholders to see some benefit in terms of a rising SP and the end of share giveaways to board members that are already compensated as if they were employed by an ASX Top 50 company....
NWT Price at posting:
46.5¢ Sentiment: LT Buy Disclosure: Held
