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New World Oil Share Chat (NEW)



Share Price: 0.145Bid: 0.13Ask: 0.16Change: 0.00 (0.00%)No Movement on New World Oil
Spread: 0.03Spread as %: 23.08%Open: 0.145High: 0.145Low: 0.145Yesterday’s Close: 0.145


Share Discussion for New World Oil (NEW)


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Arminius
Posts: 4,081
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.90
new shares LOCKED IN for 12months
22 Jan '14
Just a gentle reminder for newbies.
2.2 billion shares won`t be traded for at least a year, so no great change to shares in circulation.
In affect the free float has stayed the same.

Which means the SP will be heading north again with not much stock around.
No need to sell now in my opinion as lots of news to come in the near future.
Better to follow Niels example: Invest and hold for at least a year.
Follow the money.

This is a wealthy and well connected Dragons Punt.

Good luck all
 
paulie3
Posts: 484
Answer
Opinion:Strong Buy
Price:0.93
Re Future for new shares
22 Jan '14
2.8 billion shares locked in for 12 month.
toppairtel
Posts: 125
Off Topic
Opinion:No Opinion
Price:0.95
ART123
22 Jan '14
Thanks for the cut & paste, didn't have the wording to hand. It's just they've put that $4.8m in escrow and wondering if that's enough for an initial transaction to buy the asset they talked about, just a strange amount otherwise. Got a great feeling we might get exciting news on new project next. GLA, long term mortgage killer here IMO
lordlovealot
Posts: 1,364
Off Topic
Opinion:No Opinion
Price:0.95
View Thread (2)
RE: Future for New World
22 Jan '14
would be excellant if it wasnt for 2.8 billions shares coming our way which will not be nice,my advice buy once shares have been added to our total
K3VMC
Posts: 5,131
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.95
View Thread (2)
RE: Limit order
22 Jan '14
Should be fine.

Passa il santo, passata la festa.
Jaime1993
Posts: 46
Observation
Opinion:Buy
Price:0.95
View Thread (2)
Limit order
22 Jan '14
I got my limit order in at 0.85p... Hoping this baby dips.
nkko_05
Posts: 23
Off Topic
Opinion:No Opinion
Price:0.95
View Thread (2)
Future for New World
22 Jan '14
Hi folks. Just wondering what everyone's thoughts are on the long term prospect for New World after today's news. Any thoughts on what price it can reach?
lordlovealot
Posts: 1,364
Off Topic
Opinion:No Opinion
Price:0.93
View Thread (2)
todays news
22 Jan '14
if we are going to be diluted by 4 times,how is that good news when a year ago we was 10p and hoping to hit oil in belize
Rivendell666
Posts: 4,031
Observation
Opinion:No Opinion
Price:0.93
Ivelost
22 Jan '14
It's 25m dollars or £15.1m of shares and another £15m loan facility. From 0.7B to 2.8B shares would be a 4 fold dilution.
ART123
Posts: 780
Off Topic
Opinion:No Opinion
Price:0.95
Re: New
22 Jan '14
The last sentence is no doubt the most important - the investors probably already have something in mind.





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