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Still Holding! - Whats next, page-44

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jake0002

8,552 Posts.

2820

13/04/23

22:02

Post #: 67265497
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Originally posted by tui ↑

Hi everyone,
It has been a big day.
I was really pissed that LD2 did not come in. Then I started asking questions and got advice from very learned friends. One of them said " Get your skates on and sell and protect your retirement."

So today I rang MIN and they are sending me a form to me to convert 18m NWE shares to MIN. They said I would receive the email today but I could not complete it until tomorrow....Then I looked at the market opening this morning. It looked like a poor start at 5.6 so I put 16.5 million up for sale at 5.9 which got met by mid afternoon. Additional volume was significant which led me to believe ( think ) that maybe NED-1 might be the monster they had suggested earlier. NWE finished the day pretty strongly.

And then I get a call from Aussie from a learned poster to say that there were quite a few MIN executives buying NWE. Well this is better than the rumour thread which actually has Andrew Greggs and mir911 correct in what they forecast from 'local' information a few days before the official result..i.e. a dud.

So I sat done and weighed it up. I have been down $600,000 on NWE ( can you even imagine that!!?? ) and now I have made $2 million provided I sell out now at 5.8 ish . So I pushed the sell button continuosly all day and got rid of 16.5 million shares at about 5.95 cents. I have kept 1.5 million to see how NED1 goes.
I will not be completing the MIN acceptance form

I was impressed to see that greenleaf kept a few. There is still strong interest in NWE and you can bet that I wish all existing holders the very, very BEST.
BEST
tui

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well, good luck to you TUI, I know you have been a long term holder of NWE.
I can recall us having lunch with Peter Munechen and Shelley at a Sydney conference - gee that probably was around 6-7 years ago ?? maybe more?

I am intrigued with that rumour/comment about MIN executives buying shares on market.
I wonder if that is actually legal? I don't know - but I doubt it.
But nothing would surprise me with that mob.
cheers

Last edited by jake0002: 13/04/23

NWE Price at posting: 5.9¢ Sentiment: None Disclosure: Not Held
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