Yep the last week may have been busy. I've said it before, this coming weeks Top 20 will make very interesting reading. I wonder what portion of those shares acquired this week will be the 3 - 4% that the Directors own(ed) and the 3% that Hancock owns(ed)? If four entities can make up the bulk of the shares acquired then I would, IMO, suggest that the take up has not been great. But as you say, we will see this coming week with the various Change in Substantial holding notices, and the NWE Top 20 should it be published on Wednesday.
Regardless, there's plenty of shares just on HC that are holding strong. We want to see the results of Lockyer2 and the three follow on drills, plus the 3D seismic. IMO even if MIN make it to 50%, they wont make it to 75% or 90%. So I will be keeping my shares in any case.
Might be just over a month until the spud of Lockyer2!! I'm HOLDING!
NWE Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
