NWE 0.00% 5.6¢ norwest energy nl

He wants the lot I agree.Anyone would.Especially at the bargain...

  1. phx
    510 Posts.
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    He wants the lot I agree.
    Anyone would.
    Especially at the bargain basement price he is offering.
    He said he would do a lot of things, such as delist the company.
    This was never going to be achievable with NWE originally having 6,700 shareholders.
    But what was his real objective?

    He now has control of the tenements which I have always thought was the main goal - not the only goal
    He has more than tripled his stake in NWE.

    He now has an interest in all but 5-6% of the tenements.
    To get the rest of NWE he knows he will need to increase his offer.
    I don't think he is willing to, or he would have already done so.
    Any increase of the offer has to be given to everyone else who has already accepted.


 
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Currently unlisted public company.

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