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And the longer the delays, the more funds NWE burns on admin and...

  1. ftroop
    519 Posts.
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    29/01/23
    16:04
    Post #: 65933085
    And the longer the delays, the more funds NWE burns on admin and legal fees to initially avoid a TO, but to now embrace CE's advances.

    IMHO, I think it won't be long before NWE announces a pro-rata rights issue with MIN as the underwriter. I understand this is one of the allowed exceptions under TO rules.

    I am not a NWE or MIN shareholder, but I just don't like the way this game's being played.

    ft
    NWE Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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