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Bullboard - Stock Discussion Forum Newport Exploration Ltd NWXPF


Primary Symbol: V.NWX

Newport Exploration Ltd is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties. In addition, the Company holds a 2.5% gross overriding royalty interest (the Royalty) on any hydrocarbons produced on certain petroleum exploration and production licenses in Australia. These include licenses being operated and explored by Beach... see more

TSXV:NWX - Post Discussion

Newport Exploration Ltd > I want this one to drop so i can grab more
View:
Post by Chefboy69 on Jan 04, 2021 2:04pm

I want this one to drop so i can grab more

but MR.Market won't let that happen and I refuse to average up

so here i sit with my bids..LOL

seriously the market is so slow.a 24% yield and no one is interested?

i guess the volatility of bitcoin and EV stocks and metal stocks has money elsewhere

GLTA
Comment by Hungus on Jan 17, 2021 12:16am
The problem I have with them is their clear-as-mud news releases on the matter. Will it be a 1 cent per share dividend per quarter with an extra big dividend at the end of the year (if it happens to have been a good year for them)? Or will their new dividend amount be 3 cents per share from now on, going forward? So, It boils down to expecting to receive either 12 cents per share of dividends in ...more  
Comment by RetireAT100 on Jan 18, 2021 12:08pm
I'm thinking resistance stays at .55 until further positive news is realeased, such as a a continuation of the .03 dividend.  All speculation of course.  
Comment by Hungus on Jan 18, 2021 3:39pm
Well, I really hope they do keep the dividend steady at 3 cents - then I'd seriously consider loading up here. However, just looking at their history, they haven't paid out more than 6 cents / per year in dividends since 2016. I can't really find a reason for them to double it this year. Their balance sheet hasn't improved since then either (it's been stagnant IMO) - so I' ...more  
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