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I think it's worth pointing out that after NWF come out of suspension UK holders with AJBell won't be able to buy NWF stock unless their it's a substantial sum. They will however be able to dispose as and when they like. So selling your golden tickets is a one time thing for most small private investors. I'm not sure what the rules are like with IG. Either way I suspect holders here will be able to sell for 0.20+ in the months ahead but agree with the poster below that it may take a couple weeks or months before fair value is attained. If this chat page is to be removed where are other NWF holders planning to post comments in the future?
thanks the_shareminator , hopefully the keep this open .
like HAYT after avg , still got mine.
What’s everyone holding? Taking 130k STEL shares over, so will end up with just over 99k NWF shares
Got 440000 so think that makes about 335000. With a 5.8p average, my break even is about 14c with the current exchange rate of 1.84, I can't see it hitting 14c. Either way I think I'll be holding for a while, exchange rate is playing a big part, if the exchange rate drops back to 1.70, I only need the share price to hit 26c to double up. :-) all ifs and buts, guess we'll see soon enough! Good luck all!
i only hold 62k stel , would like to finally make some money from a diamond exploration company. gla
Hey comeonvog, AVGs acquisition was unfortunately under bad circumstances with HAYT heading towards insolvency (if they had not been able to raise new funds). The balance sheet is now much healthier under AVG thankfully although nothing too exciting in the Interims but we are expecting the shares to go ex-dividend 25 May. Personally feel STEL are in a much better position which should reward those of us who can hold. There's undoubtedly going to be a squeeze when NWF comes out of suspension just reading some of the messages here and the company correspondence but they have taken STEL's highly lucrative assets and raised a substantial amount of cash. Volatile times ahead but ultimately a lot of money and support behind this move. If you have spare coin check out KRS which holds a substantial holding in Calidus, an aussie gold explorer with strong institutional backing and a growing list of significant drilling intercepts. Think it's going to creep higher this summer, huge drilling campaign underway.