catching up on todays posts and happy to read this re EGO as it...

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lilylou

424 Posts.

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13/03/23

19:54

Post #: 66741887
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Originally posted by alexei ii: ↑

min inherited the EGO loan and the conditions/terms assigned to it when they bought off the Sydney co. Different situation to this.

In the case of NWE at present, they have to act in the interests of all shareholders and where there is a related party transaction - i.e. loan, i dont know they can get it through if minority shareholders don't vote on it. If there is a vote, and its a related party transaction, they are not allowed to vote on it, so i think it may be up to the 28% of us. My view is that I write to the board and ASIC at the time, voicing my opinions if they try to foist a loan upon us.

Key thing for me is to maintain my position/shareholding and to be patient.

I've come this far...Im now in for the haul.

Im thinking 4 wells and the 3D seismic is my threshold for decision making.

MIN can not increase its holding if I don't give them or their friends shares to buy.

My view is to let the market makers trade amongst themselves, and pitch whatever prices they want to pitch in the market. Im going to ignore the daily share price noise, think medium term 6-12 months.

I look at what the collective on this forum has achieved. So far, Chris has been "blocked" from compulsory acquisition, and maybe even stopped from getting 75% - all done without the Board support!!

Im keeping in touch via the forum. And I watching out for MIN shills trying to throw me off the horse.

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catching up on todays posts and happy to read this re EGO as it has been a big concern for me he will pull some shit over us
can’t believe in 10 days they only achieved 1%

NWE Price at posting: 6.4¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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