so you mean a CR/SPP for another 1.2 bil shares on issue? internal indeed!!
what price do you think an underwriter would put in at?? with how many free attaching options??
wont be long and NWE will be a 4 bil company, that is a company with 4 bil shares on the market.
Dont forget NWE have to fork out 200k for ts part in Jingemia soon.
IMO if they dont stitch this deal up by 31/12/2016 you will be able to buy as many as you want for .001
Then look forward to a 20-30 :1 conso as they could never raise smoko money @.001
NWE Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held