1. Let's remember that NWOG is usually not in a rush to inform their shareholders about anything. That’s why comparison to other, more opened, companies could be not that accurate. What if they had been working on AIM listing for some time when posted that September PR? OTOH, choice of adviser-broker (nomad) is so important that I’d think they have to tell the World about this. Tethys said it could take “a couple of months” from there. Remember, AIM listing is not just bureaucratic procedure. Nomad is kind of responsible for company’s pricing and performance in London. As part of preparation process, they will audit NWOG’s finances, visit offices and production sites in Russia, etc. Takes time…
2. <<what if this goes to .09 per share in january>> This sounds like “horror scenario”. I almost doubled my position last week and would rather see 0.9 per share. :) OTOH, based on TA and comparing price of “new diluted NDOL” to “old NDOL” – my worst case nightmare scenario: bottoming at $0.1- 0.12. It seems ridiculous and impossible… but I keep some money, just in case - to average down there.
3. The theory that we are not going to see anything until June, 2007, when insiders’ restrictions expire, sounds logical, but… Wouldn’t it be wise to start gradually improving PPS well before this deadline, and make the major hit when it’s time? I mean, they need to bring army of buyers for their shares (now restricted). They will need to support the proper price level for the long time to get rid of excess. This requires time. So, (I am talking to Mr. Malyshev now :) ) give us something in October – November, but not too much because good news will likely to be offset by EOY tax selling. Start hitting hard at the end of December. Move PPS “through the roof” in 2007. This is my expectations…
IMO.
