Ann: Change in substantial holding from MIN, page-128

So here are the options as I understand it :

MIn get under 50% - take over fails and we are here for the next 2 drills at least

MIN get over 50% - they control the board however are legally bound to respect minority shareholders interests and you can still take up MIN offer during the new extended offer period past next Monday the 20th

MIN delist NWE - they are compelled to offer you market price at the time

So I can't see why you would want to take up their offer now especially if you have held NWE for less than one year and have to pay full rate CGT ...