NWE 0.00% 5.6¢ norwest energy nl

Ann: Change in substantial holding from MIN, page-56

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  1. 6,650 Posts.
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    This does put in perspective how hard it will be for MIN to succeed here and how little influence the vast majority of us will have in the outcome. They will need to get a large portion of the top 20-30 to accept. Given a few here have received phone calls, I have no doubt each of these other big holders have as well and they would have put a price tag on their shares. Now CE waits while as many retail as he can get accept the low ball offer before before matching the price required to get the big fish over the line? Meanwhile our board knows this and knows the better offer is coming so takes the easy no risk approach of recommend accept?
 
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