NWE 0.00% 5.6¢ norwest energy nl

Ann: MIN: Norwest shareholders' MinRes dividend opportunity, page-183

  1. 8,490 Posts.
    lightbulb Created with Sketch. 797
    So it is quite an effort to get your company delisted, and no guarantee that the ASX will agree.

    However there is one clause that shows MIN would have a gulf, over which it won't be able to build a bridge.

    ASX Listing Rules Guidance Note 33 Page 111 December 2019• excluding the bidder and its related bodies corporate, the number of holders of ordinary securities havingholdings with a value of at least $500 is fewer than 150;

    I cannot see a situation where there will be fewer than 150 such holders of NWE, owning shares that have a value of at least $500.
 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.