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5.6¢ norwest energy nl

MIN have stated they want 100% of NWE shares.I think you would...

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seahunt

4,253 Posts.

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20/04/23

16:25

Post #: 67380626
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Originally posted by pomhat: ↑

Worst case is MIN don’t get to 90% or don’t bother with compulsory acquisition even if they do.. If that plays out, expect a significant SP drop from current price and a likely CR (could be underwritten at a significant discount..).. Then look out for the inevitable delisting from the ASX and you’re left with shares that can’t be easily traded..

if MIN continue with compulsory acquisition they’re doing a favour to a few remaining shareholders that have done nothing big slag then off throughout the whole process..

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MIN have stated they want 100% of NWE shares.
I think you would be dreaming if you think they don't.
If your scenario was that, why have they not ended the offer early ?

NWE Price at posting: 6.1¢ Sentiment: Hold Disclosure: Not Held
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