Brokers have no interest in pumping a stock unless they stand to make a profit out of it. I daresay the next time we see brokers paying a lot of interest in NWE it will signal an imminent capital raising, but with the cash position looking better than many expected at the moment I wouldn't think that will be happening for awhile.
My take on the lack of interest in 'imminent news' is because nobody actually knows whether this 'imminent news' is actually imminent ;)
It's a long waiting game made even longer when one can see plenty of other spec stocks having decent rallys at the moment.
- Forums
- ASX - By Stock
- NWE
- this week. here it comes
this week. here it comes, page-5
-
- There are more pages in this discussion • 87 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
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne