NWE 0.00% 5.6¢ norwest energy nl

Ann: Change in substantial holding from MIN, page-51

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  1. 930 Posts.
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    I bought NWE on it fundamentals. Not as a short term speculator. My intention was to buy into a steady growth stock that would mature to a healthy yield dividend stock. The stock has great potential in a well-run company with a competent board of Directors who until recently have had the best interests of share holders as its motivation. The involvement of Mineral Resources and Chris Ellison has added excitingly to the value the value of the company as MIN are doers, not investing speculators.
    Now it appears the board have been coerced to backflip against the interests of shareholders and sell out to MIN.
    Given this my wish for MIN to be able to exploit the resource to the benefit of all, rather than plunder NWE and disadvantage shareholders who have supported the company for many hard years.
 
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Currently unlisted public company.

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