NWE 0.00% 5.6¢ norwest energy nl

Ann: MIN: Extension of Norwest Takeover Offer, page-23

  1. 4,586 Posts.
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    Interesting to see the next if any update of MIN holding.

    Running so close to time hoping to trip over the line as many as possible in a faked deadline. This tactic is fading rapidly in usefulness.

    With MIN and NWE shareprices locked and both down, there is less and less incentive to swap if you havent already done so. Is the tactic now to hope events in the next weeks causes a separation in SP between the 2 entities, ie. Lithium prices skyrocket and a exploration rig blows up. I don't see this, if anything with the NWE price being down and drilling not too far away there is more reason to buy NWE.

    Extension after extension, as other postered have said the 80% mark is the critical point, which may tempt more with rollover relief. I wonder what they offered the earlier large flippers, did they "promise" roll-over relief.
 
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