The implied value of the Offer is $0.06 per Norwest Share. Norwest’s actual share price has traded in line with movements in MinRes’ share price. Currently, the Offer is valued at $0.056 per Norwest Share based on MinRes’ last trade of $77.20 on 30 December 2022.
AND TODAY MINRES CLOSED AT $75.15 and that makes the implied value of the offer $0.0549 per Norwest Share Yes a NO brainer for me
NWE Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held