Post by
HHHAPPY on Jan 21, 2021 9:45am
iT MAY BE WISHFUL THINKING, BUT THE POSITIVE BUYING OF NWX
share is producing historical highs. . I don't see the dividend justifying this move. Only real stimulus would be someone buying the company. The Australian company BEACH, who is paying the royalty, would be the logical buyer. NWX management owns a fair chunk of shares so they would demand a significant price.
Just saying.
Comment by
Bwrbhk on Feb 01, 2021 1:44pm
Other Canadian listed oil and gas royalty stocks yield 4 to 7%, so there is lots of upside based on yield alone.