NWA new world alloys limited

tighten the grip

  1. 13,252 Posts.
    With about 75% of shares changing hands in the last 2 days with run up to October, have investors seen the last of this level for SP. To me there was quite an accumulation by a few individuals in anticpation of aim listing and a proper exploration of tenements in DRC.
    While some like to think it was trader gyrations trying to make a quick buck not many have 10 to 12 mil to pump into a so called speccy without having a good solid knowledge of what is to come in a couple months.
    So you would have to expect people involed with or know a lot about whats happening with the company to get themselves set. If it was a pump and dump we would have seen a few panic and dump a lot more when sp had settled a bit. BUT as dingo, raks and a few other posters have said all along it may not run straight away maybe not for traders looking for fast buck. But one for the patient
    who are prepared to sit for a couple of months and reap what could be a multi bagger when all the dust is settled and the true worth of nwa is out there for all to see.
 
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Currently unlisted public company.

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