Australia's largest stock trading and investment forum Australia's #1 stock forum

NWE

Click for more information

0.00%

5.6¢ norwest energy nl

Andy, Please excuse my ignorance but doesnt that only apply if...

First 75 Last

Share
Profile

Follow
kopite1956

84 Posts.

7

13/02/23

17:29

Post #: 66221146
Share

Originally posted by andyno3: ↑

nah if they do that they have to buy your shares.

Even if you do not accept the Offer, if MinRes at the
end of the Offer Period becomes entitled to do so
under the Corporations Act, it intends to exercise its
rights to compulsorily acquire Your Norwest Shares at
the Offer Consideration (in which case at the same
value will be available to you for Your Norwest Shares
but you will be paid later in time).

Expand

Andy, Please excuse my ignorance but doesnt that only apply if MIN achieves 90%? If they achieve >75% does the current 'offer' value still apply should a holder wish to sell?

NWE Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 141 more messages in this thread...

First 75 Last

Add NWE (ASX) to my watchlist