NWE 0.00% 5.6¢ norwest energy nl

Thanks for the note! It's important to be humble I...

  1. 502 Posts.
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    Thanks for the note! It's important to be humble I reckon.

    I'm sure there's many reasons MIN want NWE, they would have all the data that we don't so it's no coincidence that they all of a sudden moved for a TO.

    For me though, I was not sure NWE would still be around once more of this information came to light. I'm not sure MIN will get the 90% before expiry of the latest offer, but they'll certainly extend it again given they are moving closer to that 90% threshold.

    If something happens and NWE goes on a run then I'll definitely regret it, but it's all about managing risk at the end of the day. MIN can quickly pull the offer once 90% is hit in which case those holding NWE would struggle to sell on market. Ultimately I didn't have the gonads. I can afford to lose 3k no worries, but I certainly wouldn't be happy losing the capital. One thing's for certain, I'm eagerly watching NWE as I'm not convinced it's all over just yet. There might be a little juice left in the orange!
 
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Currently unlisted public company.

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