why i do think the oppies will be taken up

I think the title to the "other" thread is a bit too negative for me.

There is one main reason why I believe the oppies will be taken up

The intial result of the first frac will be known well before oppie expiry. The management will frac the best site first (based upon their previous seismic data) and the result should be extremely positive.

This will start dramatically increased turnover in NWE shares as people buy on rumour awaiting the conclusion of the entire fraccing / flow data processover the following weeks and months.

This buy on rumour activity will be enough to propel the stock well above 10c.

As the oppies will likely by then be trading at a small discount to the underlying price (SP + premium), given their short maturity, they will be attractive as a slightly cheaper way for holders to get on board.

Well it's why I hold a load of oppies anyway.

EB