NWE 0.00% 5.6¢ norwest energy nl

Ann: Change in substantial holding from MIN, page-66

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  1. 839 Posts.
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    That makes sense. I have 250,000 (bought at .02c) and was telephoned.

    I see us in a win:win. We succeed and NWE remains with its shareholders and eventually the offer price goes up as a measure of MIN's desperation and/or positive gas results and if neither, it is not too late to take-up CE's offer (which by that time, I believe, increases). The worst thing you can do is throw in your hand and deny yourself of all possibilities. Even after the expiry date we, according to what I read, have 14 days to take up the Offer.

    I don't think (with my limited knowledge) there is anything to do right now other than sit it out.


 
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