NWE
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0.00% 5.6¢ norwest energy nl

Ann: MIN: MinRes secures control of Norwest Energy NL, page-106

  1. ftroop
    524 Posts.
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    17/02/23
    20:08
    Post #: 66319445
    Hi phx
    I expect NWE will soon announce a pro-rata rights issue with MIN as the underwriter. It will be tough for the remaining shareholders to put up the cash, and MIN will take up all the shortfall so they can increase their majority holding.



    NWE Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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