Ann: Share Purchase Plan, page-6

All I can see is red when I read this amazing statement;

"It will also provide an opportunity for eligible shareholders with small shareholdings to increase those holdings into more meaningful and financially viable parcels".

I originally bought a very substantial parcel and it was very meaningful! I am pretty certain most shareholders are down the gurgler with this stinking dog of a stock.
How much of $1000000 is going to go to doing, yes doing something meaningful and substantial.

• "to supplement the general working capital of the Company " - Is supplement the appropiate word when NWE doesn't generate any income? How about using ...... To provide ......
  
  Next time with O & G Australian companies I'll wait buying into these companies until they are producing profitably and paying dividends. Anything else in this industry will just shamelessly burn your capital. I still wonder why companies such as NWE are allowed to be listed on the ASX.