NWE 0.00% 5.6¢ norwest energy nl

NWE - Week starting 13th February, page-141

  1. 4,584 Posts.
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    Agree, on tax. but you should seek your own expert advice.

    One of the takeover rules that doesn't favor us minority shareholders, is that any increase in offer (if happened) would be received by those that already accepted.

    In the case of MIN, who would probably like to clean up the share register as much as possible, they would I expect be willing to increase the exchange rate, but the cost would peculate back to those they already control... a disincentive for offer increase,

    Why is this fair? Smaller shareholders doing the hard yards, as usual, while those that have accepted now at no risk, reconciled aand happy with their deal (done and dusted from my perspective) with their price, possibly benefit from the smaller shareholder work.

    Been through this twice now recently also with WGO

    Sucks.


    Last edited by trousergecko: 19/02/23
 
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