not so sure. the amount of shares they acquired is mote than what has been traded since last notice (at a quick glance). So even if all on market purchases were for flipping as you say it would not be enough. certain the 50m odd conversion looks like a bigger holder accepting. likely on the basis of the promise of the acceptance facility announced this morning. Let's see what happens next. certainly the extension by a month indicates that the drilling is going well imo. or at least not badly.
- Forums
- ASX - By Stock
- NWE
- Ann: Change in substantial holding from MIN
Ann: Change in substantial holding from MIN, page-5
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online