Spent the morning at the RSL having a coffee and am just catching up and had a few things cross my mind.
Does anyone find it remarkably coincidental that the revised Bid of 1 for 1300 from MIN (and the capitulation of the NWE 'board') came at the conclusion of a day of trading (24/1/23) where MIN hit an all time high? On that day the SP closed at $96.28 hence the theoretical 7.4c price tag, but traded at $96.97 that day. Currently MIN is trading at $89.57 with a theoretical price for a NWE share at 6.9c. Regardless I still don't want MIN shares. I want to see the results of Lockyer2.
And just a question for those that have been called - are they advising to accept the offer? Would that not constitute financial advice and are they qualified to do so?
Bit of a shotgun....sorry.
NWE Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
