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5.6¢ norwest energy nl

Ann: Change in substantial holding from MIN, page-65

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barneydigs

6,685 Posts.

2071

01/03/23

00:50

Post #: 66526131
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Originally posted by Joannie: ↑

@barneydigs
Hi barney, you may very well be correct.But I am pretty sure that the NWE board strongly advised to hold on the first Ann to which they responded
The second one, around a week later, was the one where they backtracked and said that they recommended accepting.
As I said, I could not find anything which said that you could make more than one response.Also was the second response made within the 15 days?
Anyway, at this point I guess we just wait.Thanks for running through it by the way.
GLTA

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they didn't make more than one response to an offer and they did not change their response to the initial offer. They responded to the first offer via the target statement. They the issued the supplementary statement based on a revised offer. they didnt backtrack. they accepted a revised offer. craapy - yes. against the rules - no

NWE Price at posting: 6.0¢ Sentiment: Hold Disclosure: Not Held
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