AccumulationWell this is getting more interesting every day.
I personally do not believe NWX and SN will in some way merge. I don't see why but then again what do I know. Raising money through another PP will not be difficult for NWX. And SN has tons of cash to do their own venture.
Accumulation on NWX has been going on for a while and I am not sure what will happen once the PP shares are eligible. Especially since everyone will be making a huge profit by selling into this price.
I myself believe NWX is in for a heck of alot of trading in the next few weeks.
Either this Australia property is the cats A$$ or management is increasing the value some other way. Or who knows maybe both.
Regardless, things have never looked better for this stock.
On your mark.