just IMHO and not legal advice shares held at the register date may refer to the total shares on issue on the register date irrespective of who the owners are at the time and allow holders to trade on market and hence new owners are notified of takeover bid so prevents target company from issuing more shares to frustrate the bidder (lol) I know here that NWE BOD. were allowed by MIN to convert their options so more shares on issue after register date but that’s another story AIMHO & DYOR
NWE Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held