NWE
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0.00% 5.6¢ norwest energy nl

Hold up, is my maths out or yours, isn't the max they can buy...

  1. Seb93
    5,291 Posts.
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    21/06/22
    12:02
    Post #: 62110756
    Hold up, is my maths out or yours, isn't the max they can buy 6,036,824 shares not 64m?

    64m would be 0.9 of a %
    they need 0.09 of a % to reach 19.99?

    6,707,582,956 x 0.0009 = 6,036,824 shares to reach 19.99%

    Bell potter bought 7.9m on the 16th. Must be for someone else.
    NWE Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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