NWE 0.00% 5.6¢ norwest energy nl

The stock is bound to have some that are impatient because the...

  1. 7,809 Posts.
    The stock is bound to have some that are impatient because the price isn't moving and therefore they are selling . Sort of self fullfilling really .

    But the fact that it is liquid volume, stable/boring price and only 2.5 cents below the high is significant to me . I suspect there is unhastened accumulation going on . Demand is meeting supply currently .
    I don't know how long that will go on and perhaps supply will increase, but the with the oil price high, production happening now, flow rate confirmation expected from AED, free carried aquisition and exploration at NWE, and production increases the next step from Puffin, I would assume that demand will continue to meet supply and some day surpass it .

    Bored also, but holding .
 
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Currently unlisted public company.

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