NWE 0.00% 5.6¢ norwest energy nl

Ann: MIN: Norwest shareholders' MinRes dividend opportunity, page-31

  1. 1,381 Posts.
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    hi Survivor,

    Please explain the logic behind your statement.

    So a 70% shareholder in NWE who also controls the board will announce to raise capital and then refuse to take part in it? Any examples/precedents in ASX history that you would like to mention please?

    We don’t need a lot of money. I have always believed the upcoming 2 successful drills are enough to determine close to a true NWE value unless we plan to produce which is an unlikely scenario since MIN bullied the 70% into selling to them.
 
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