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5.6¢ norwest energy nl

A few too many zero's.I think you mean 1,000,000 NWE was $56,000

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564 Posts.

239

18/03/23

14:54

Post #: 66838968
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Originally posted by jbdave: ↑

Yes, it HAS to be the register date. I can't understand how it works any other way. The two SP's may be tied, but there are discrepancies on some days.

For example.
Yesterday NWE closed at $0.056. MIN closed at $78.49
So if you have 100,000,000 shares in NWE, your portfolio is worth $56,000.
But if you accepted the offer at 1:1300, then you get 769 MIN shares, worth $60,358.

And MIN pick up more %. So they call their mates to tell them to buy in, and then accept when the numbers work.
There is no way that would be allowed (or legal) with this bid.

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A few too many zero's.
I think you mean 1,000,000 NWE was $56,000

NWE Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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