NWE 0.00% 5.6¢ norwest energy nl

Bad takeover offer, page-269

  1. 995 Posts.
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    This is starting to look like the Gina & Chris show
    This is pure speculation and not even sure it would be allowed
    Chris pays 35 cents [28c + 7c premium] for 15% of WGO = a blocking stake effectively stopping both Gina & STX from getting control of WGO
    Chris goes to Gina and says I want WGO & [eventually] STX - you withdraw your bid for WGO and sell your shares in WGO to me for 35 cents - AND - in return Chris offers Gina his 20+% shares in NWE for lets say 7c - Gina accepts
    End result [maybe] Chris gets WGO & Gina bids and gets NWE
    This is starting to look like the Gina & Chris show
    AIMHO
 
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