I'm with Alexii. Do nothing.
Worst that can happen is compulsory acquisition. In that scenario we all get a shareholding in MIN equivalent to 1 MIN for 1300 NWE shares.
Best that can happen is that the NWE Board's new recommendation to accept the offer triggers a competing offer and the bidding for NWE heats up.
NWE has a large retail base made up of SH that understand what we've got and the MIN revised bid fails if SH with a combined total of 16% of retail shares combined DO NOTHING.
- Forums
- ASX - By Stock
- NWE
- REVISED OFFER - Seriously WHAT SHOULD WE DO NOW.. HELP..
REVISED OFFER - Seriously WHAT SHOULD WE DO NOW.. HELP.., page-14
-
-
- There are more pages in this discussion • 238 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review