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5.6¢ norwest energy nl

Ann: Change of Director's Interest Notice, page-25

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barneydigs

6,363 Posts.

1978

08/02/23

14:19

Post #: 66136530
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Originally posted by SGTM73: ↑

I personally doubt that CE will find it easy to get over 50% let alone 90%. I look forward to seeing how this plays out in the next 12 days. MIN probably around the 30% mark currently, although hard to know for sure with no Change in Substantial Holding since the 6th. But if you think that the NWE Board's shares will get CE to 90%, that would be some very special wizardry....

Hold strong NWE Retail Holders!! Only 12 Days to go before there will undoubtably be another extension....and not long until the spud of Lockyer2.

All IMO

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If a couple of the bigger holder accept (which is still a possibility) that will convince a lot of others to accept as well. If that happens they will get 50%. 90% very unlikely. 75% is the number i am concerned about as they can delist without our approval in that case.

NWE Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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