NWE 0.00% 5.6¢ norwest energy nl

Ann: Norwest Directors Unanimously Recommend MinRes' Revised Offe, page-328

  1. 1,431 Posts.
    lightbulb Created with Sketch. 302
    I went to like the post, and it said I'm not allowed, but now read you've modded it.

    Apart from Friday's trade which seemed subdued, the number of shares changing hands is quite high, so I do hope someone is going to make a higher bid, as I do feel the equivalent value offer is inadequate.

    NWE is funded for the drills and 3D, so those shouldn't be held up, but as for CE doing what's in the SH'ers best interest, he does what in his best interest and legally obliged if it comes to that with NWE.

    The 75% target is the scary one, because he'll have the votes on the board to then force NWE to be delisted. Drill to start in Late March and take approx 2 months to drill. Will NWE even be an entity by Late May?

    Good luck SHers whatever happens over the next weeks and months

    Just doing some reading: - Timeframes are important to know if it comes to that in the last 2 points

    https://hotcopper.com.au/data/attachments/5004/5004778-c671072d6250d9831bb2cc3780fc92c8.jpg
    https://hotcopper.com.au/data/attachments/5004/5004780-fec18586dbff86e4a4515ef181d49b38.jpg

 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.