Ann: Norwest Directors Unanimously Recommend MinRes' Revised Offe, page-261

  1. 1,093 Posts.
    lightbulb Created with Sketch. 162
    whoever is buying on market is paying cash for NWE shares so IMHO unlikely to be MIN
    The MIN bid is a share swap so this happens off market
    Agree the big question is who is buying?
    All on market buyers have their own agendas
    I think the big buyer is Gina because she
    wants WGO and MIN has a 19% blocking stake
    not interested in swapping her NWE shares for MIN shares [boring]
    wants to gain leverage against MIN so she can swap her NWE shares for MIN's WGO shares
    AIMHO & DYOR
 
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