Like The BOD previously said an OPPORTUNISTIC OFFER... nothing has changed excepting an extra measily under 1/2 cent on a share sitting at 7 cents. Very disappointed.
With this sort of newsworthy article - it will bring out the big guns if they are sitting on the fence - the board said in the absence of a another bidder - recommend accepting - The Perth Basin is a gold pot - we await a big dog to face this opponent down!
Onething about Minres is its number of shares on issue - presently 189mil shares - far less than Norwest. The implications are:-
1. Very fast tracking upwards 2. Very fast tracking downwards
and considering Min are on high high we will definitely track backwards at a rate of knots!
NWE Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held