On Dec 20th you advised shareholders to TAKE NO ACTION, with the following comment:
‘’The unsolicited Offer from our joint venture partner comes at a time when we are on the cusp of a transformational drilling and seismic campaign which aims to prove up Australia’s largest ever onshore conventional gas field.
so, for an extra 5.7% (7.4 equivalent / 7.0) you really believe you are now acting to maximise shareholder value - despite this transformational campaign about to start.... transformational doesn't mean an extra 5.7% value mate.
sorry, this is BS....
NWE Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held