All below is my opinion only, no advise provided Now I've calmed down after the my swearing tirade after reading the announcement. We're likely gonna see SP open tomorrow at what it's valued at with this offer, 7.4 - nice. If MIN continue to steamroll their way to $100 and above, it should continue to drag NWE up more. I do understand that Lithium is priced high, and therefore MIN are riding that wave, but what goes up, must come down, and also MIN's PE ratio is bursting far too high, a correction of their SP will come at some stage. The hypocrisy of saying we have potentially the largest gas find onshore Aus, buying 19.9% of WGO at .39 and then saying the PB is overpriced, then amending to offer from 1367 to 1300. Something smells very fishy, and as the saying goes if it looks like a ducks and quacks like a duck. What I would like to see if NWE BOD are serious this is a good offer, arrange a webinar and go over the EP's and explain how this slight change is radically different and not "opportunistically timed" and values the company at a point to accept MIN's offer. I will not accept a MIN scrip deal at this ratio, and recommend others to research what these permits are really worth, and I can tell u it's more than the equivalent 7.4 cents
NWE Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
