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5.6¢ norwest energy nl

That and there's no rush... point 4 requires two week's worth of...

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golfhack

92 Posts.

33

27/02/23

13:35

Post #: 66486361
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Originally posted by jefferies2: ↑

So it is quite an effort to get your company delisted, and no guarantee that the ASX will agree.

However there is one clause that shows MIN would have a gulf, over which it won't be able to build a bridge.

ASX Listing Rules Guidance Note 33 Page 111 December 2019• excluding the bidder and its related bodies corporate, the number of holders of ordinary securities havingholdings with a value of at least $500 is fewer than 150;

I cannot see a situation where there will be fewer than 150 such holders of NWE, owning shares that have a value of at least $500.

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That and there's no rush... point 4 requires two week's worth of opportunity for us to change our mind if he gets more than 75%...
(which I don't see happening)

NWE Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
8 Upvote

1 Great analysis

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