NWE takeover by MIN
"Norwest Energy NL said on Tuesday it had agreed to an improved A$497 million (offer from Mineral Resources Ltd (MinRes) to buy the remaining stake in the oil and gas company."
Min already owned 19.9% therefore the enterprise value (including MIN's 19.9%) was $621 million.
NWE's stake in the well was only 20%.
TEG's Booth interest is 50%
All we need is to find the oil/gas and match the reserves of NWE's
400 percent upside potential about to spud, page-22
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Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $14.56M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $52.03K | 7.434M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 16299603 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 171268 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TEG (ASX) Chart |