WGO board recommending that shareholders take 20 cents per share. Forums. . ASX - Day TradingHi Folks WGO will have two key catalysts both coming from days to a couple of weeks spud - an day , any hr GSA - end of Sept stx 435m Wgo 183m Wgo should. Share Imagine being DD and writing 2 pages of reasons (including how there is no further upside to the existing prospects) why people should accept the Hancock offer as it's the best option for "all shareholders", while subsequently having GC using direct quotes from you <2 months ago detailing how. STX SP was 15. The $40 million spent represents around 26% of the. Market . Jan 18 (Reuters) - Mineral Resources Ltd (MIN) : MINRES DOES NOT INTEND TO MAKE A TAKEOVER BID OR OTHER OFFER FOR WGO LODGED A SUBSTANTIAL SHAREHOLDER. Because Hancock has no WGO shares, and BPT has no WGO shares (yet). Advertise on HotCopper. Created with Sketch. STX is not legally obligated to increase their WGO because the original offer was preliminary and non-binding in nature, and was never recommended, so they are not legally bound to extend any private treaty sale agreement to WGO. Join the HotCopper ASX share market forum today for free. 38. Join the HotCopper ASX share market forum today for free. HotCopper has news, discussion, prices and market data on BREAKER RESOURCES NL. Last updated 15. It is not reliant on securing WGO share of WE. . I do hope STX take your option 2, and cash out of WGO, then work with WGO / GR on a cooperative JV and even a GSA for the surplus gas. Still a huge disparity between the Market caps mind you. 846 STX share for 1 WGO share. Join the HotCopper ASX share market forum today for free. Market . Market . Forums. For example, if we discover something larger than expected at any of our upcoming drills in 4 5 or 3, and so went up 3x, wgo would be sitting at roughly 68 cents. r/VictoriaBC • 9 days ago. 5 beginning December and is now 21. we can argue the pros &amp; cons till the cows come home but look at it this way, together we would most likely have 4 to 6 TCF of the lowest cost gas in. , page-3. 673011. Australia's largest stock trading and investment forumWarrego/Beach Energy Scheme Update, page-2. Each would also have a separate HIN or SRN. Forums. ASX - By Stock. Commodities. thats a dumb ass spec trade. . This means any transaction should be at a higher multiple of reserves, say $1. WGO touched 11c multiple times recently and they didn't buy any at that price. Charts. So, you can keep some change in your pocket too, kind of script/cash offer. Join the HotCopper ASX share market forum today for free. Created with Sketch. Join the HotCopper ASX share market forum today for free. For more information on VIRGIN RADIO INTERNATIONAL visit: Listen to live radio! 107. 36 per ordinary share has. Otherwise it would appear that WGO will be a conglomeration of STX, Hancock, Minres and some as yet unknown entity. Created with Sketch. 5Million bucks i think, and in yr. Energy crises, wars, plans to transition from. So of course anything slightly higher than that would be superior. . Re WGO disposing of the Spanish assets at mates rates before the takeover settles, this is more plausible and presents a bigger risk IMO. 50-1. Join the HotCopper ASX share market forum today for free. Created with Sketch. Well done WGO management. . 59pm 17/11/2023 ? HotCopper has news, discussion, prices and market data on COOPER ENERGY LIMITED. Created with Sketch. I find the b*tching about one or other stock bizarre and ultimately self defeating. The general tone is best described as "they are pissed" Expected more of a reaction here but even the market seems a bit ho hum about it with BPT down so far on the day. the whole thing started with a very low bar of them accepting 20c and selling it as a great offer. looks like WGO could be on a similar SP to STX soon. 45pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on ORA BANDA MINING LTD. Should Perth Basin gas be sold as LNG, then we would expect the LNG netback price to become the new threshold for any future uncontracted domestic gas by 2023,. Created with Sketch. Scenario 2 WGO and STX work together to ensure STX successfully takes over WGO. With information given during the EGM August looks like being a transformational month WGO. Join the HotCopper ASX share market forum today for free. Created with Sketch. 0¢. I wanted to start this thread to discuss the difference in valuation between STX and WGO. A fine example of small man syndrome. Target our investor community with our suite of Hotcopper Advertising opportunities. . When he asked God what it mean. Lets just all accept the outcomes like business people and move on. ASX - By Stock. 6¢. 105. Come on man, SP should be double. I've been with this clown show since the drilling misadventures on the Pampas. Rhetoric that WGO holders have been screaming for some time. and MIN is buying STX on market… At the end, they build an up to 19. Ironically, the best way for both Donald and Duncan to maximise their own wealth might be to step away from running the company. Remember MIN have Lockyer Deep which they own 80% with NWE, they don’t need WE gas. ASX - Day Tradingshare. ASX - Short Term Trading. . 10. 5c. . Last updated 15. ASX - By Stock. Warrego number 4 in Most Discussed in HotCopper , great . Target our investor community with our suite of Hotcopper Advertising. ASX - Short Term Trading. ASX - Day Trading. Charts. ASX - Short Term Trading. Share I'm personally happy on several fronts if this goes ahead. Created with Sketch. 1. 17. Share Warrego Energy rejects non-binding indicative proposal from Strike Energy Warrego Energy Limited (“Warrego” or "the Company", ASX: WGO) advises that it has recently received an unsolicited, conditional, non-binding and indicative proposal from Strike Energy Limited (“Strike”, ASX: STX) to acquire all of the shares in Warrego for an all-scrip consideration of 1. NSX - By Stock. Created with Sketch. Last updated 15. Change in substantial holding for WGO. STX: Outstanding West Erregulla Flow Test Results, page-7. 1. ASX - By Stock. 03c. WGO: Strike's First Supplementary Bidder's Statement, page-3. 0¢ Sentiment: None Disclosure: Held Created with Sketch. 2 STX shares for each WGO share. They have options. Commodities. Latest Posts. 58KBBecoming a substantial holder for WGOVolume. The AFR is reporting that Min Res has sold to Hancock giving it 50. 2B shares, with a 7. 36 per ordinary share has just followed the normal reverse IPO/listing route. 0. It covers a 380 square kilometre permit in Southern Spain and hosts the historical Almarchal-1 gas discovery, of which WGO owns an 85% interest. Forums. ASX - General. Created with. Hancock Energy - Extension of Offer Period WGO management have sold out its own shareholders- no ifs, no buts about it. Forums. arrow. STX: Strike's Seventh Supplementary Bidder's StatementAny thoughts on STX flow test announcement. WGO: Strike's First Supplementary Bidder's Statement, page-3. ASX - Day TradingWGO’s Undervalued Spanish Assets WGO’s Spanish Tesorillo asset, on the other hand, is a play that is probably under appreciated by investors. . Renewed Hancock Bid for Warrego Energy. Donald) is obliged by law to act in the best interests of all shareholders so any cheap Spanish asset sale could be legally contested and IMO won't happen. WGO Price at posting: 18. asx), with an improved bid of $0. 5 & 15% for some prospective NPV's to check against market cap and offers coming throughCreated with Sketch. So WGO had (aprox) 150 pj of certified reserves and a commitment of 155 pj's to Alcoa and entered a gas balancing agreement with STX for the short fall. jan 11 (reuters) - strike energy ltd (stx) : takeover bid to buy all warrego energy shares for 1 new strike share for each warrego share is now open for. Scenario 1 - BPT buys WGO on the cheap ($0. . God showed Pastor Todd Smith a vision of flames on top of the baptistry waters at Christ Fellowship Church in Dawsonville, GA. Change in substantial holding from MINJoin the HotCopper ASX share market forum today for free. So what I thought would happen has happened check my post from 2 weeks ago Post #: 64580030 "Now imagine if Beach takes over STX, WGO or NWE cheaply because of no. Created with Sketch. MIN and Gina convert to STX and the three collaborate - most. BPT. Created with Sketch. Initially I held STX and had good profit, then I saw the. ASX - General. Latest Posts. Donald) is obliged by law to act in the best interests of all shareholders so any cheap Spanish asset sale could be legally contested and IMO won't happen. WGO: Counterproposal from Beach Energy. Charts. ASX - Day TradingEverybody is in it for the same reason. 3 Billion Nett Profit private company. 2. Created with Sketch. Created with Sketch. Hancock Energy - Seventh Supplementary Bidder's StatementCreated with Sketch. 5 cents with phase one valued at 29c with certified reserves with upside add in 50m in cash and Spanish assets. Created with Sketch. ASX - Day TradingChange of Director's Interest Notice. There are now 7 (SEVEN) wells that can come on line - Walyering 5/6 CASH imminent. 0¢. ASX - By Stock. Created with Sketch. 0K: 3: 23/12/22: 23/12/22: ASX - By Stock: Thread: Created with Sketch. 96KBWarrego adopts global standard for ESG reportingSo by inference, the reason Beach want wgo is to provide a stepping stone to then go after stx. $3. 25 per share cashseems to me that the powers have driven wgo down to this price and kept it there. Charts. Join the HotCopper ASX share market forum today for free. Gas shortages in Europe mean that Germans will, in some areas, be enjoying cold showers. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. BPT: Beach not to exercise matching right for WarregoWarrego Farms-out 50% of EPA-127 to Mitsui, page-2. Created with Sketch. WGO: Strike's First Supplementary Bidder's Statement, page-6. ASX - By Stock. Join the HotCopper ASX share market forum today for free. 16: Created with Sketch. Chairman's Address and Managing Director's PresentationVolume. . Share Prices & Charts for WARREGO ENERGY LIMITED. ASX - By Stock. So it is likely to get worse before. Forums. keen to see how WGO differs on its interpretation, page-2. Last edited by Assyrian2: 02/12/22. , page-4. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. . ASX - Day TradingWGO: Proposed competing takeover offer from Strike. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. ASX - By Stock. The $40 million spent represents around 26% of the. Created with Sketch. Created with Sketch. Absolutely crazy. Find the latest Winnebago Industries, Inc. . Target. ET) and the After Hours Market (4:00-8:00 p. Forums. The Calmer Co reports robust Q1 FY24 revenue growth with 40% surge for ecommerce salesCheck out STX Announcement. WGO: Strike's Second Supplementary Bidder's Statement, page-2. . . $64. The $40 million spent represents around 26% of the. Application for quotation of securities - WGO. . Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 0°F 0°F 500°F 500°F 1,000°F 1,000°F 1,500°F 1,500°F 2,000°F 2,000°F 2,500°F 2,500°F Now Now Vancouver Vancouver. Commodities. 5¢ Sentiment: None Disclosure: Not HeldNotice under section 708A(5)(e) of the Corporations Act. WGO's certified reserves have since risen to 206 pj's and they don't need any of STX's gas and gas from WE will now be piped to SE to be processed and WGO will have enough to meet their commitment? WGO: Strike's First Supplementary Bidder's Statement, page-6. If the WGO Directors change their recommendation to Hancock, they will have just toasted 10% of the free cash in the company, as the BPT deal falls over. 20. Well done WGO management. ASX - By Stock. I wonder if good news is not far away,maybe the rig is close to arriving in Uruguay or. ASX - General. Charts. ASX -. MIN swapped 1/1 a chunk of their WGO into STX and is buying more WGO at the same time to fill the gap to 19. Join the HotCopper ASX share market forum. WGO: Re: Stx abandons WE development : Thread: JiggyJigs: 16: 6. Mr Anthony John Wyeth. That is where the benefit for all non DnD WGO SH sits. Created with Sketch. ASX - Short Term Trading. How does WGO get to share in SE and Walyering? I thought Walyering was STX and TPD and that SE was 100% STX. . Advertise on HotCopper. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Latest Posts. BUT - if he has a parcel of 500 shares in personal name, and another parcel in Super, or in a joint name (eg husband and wife), then WGO /BPT then cannot claim that as a split of shares. . The bids by Min and Hancock have made the market aware of much WGO and STX were undervalued. Created with Sketch. ASX - By Stock. ——-Hancock notes that there is a risk that, notwithstanding an initial Warrego Board recommendation of the Offer, Strike seeks to assert rights under the pre-emptive rights regime under the JOA. Target's Statement in response to Hancock OfferChange in substantial holding for WGO. Latest Posts. 12. ASX - Day Trading. ASX - General. Hancock Bidder's Statement, page-2. Forums. ASX - By Stock. arrow. WGO. keen to see how WGO differs on its interpretationbeen in hotcopper for many years and holder of stx for over 10 years and wgo since WE started playing out. Since then we have a massive gas shortage in. Created with Sketch. 2. 9¢. Created with Sketch. 7 Mln Shares Upon Exercise Of 6. ASX - Day Trading. ASX - Day TradingJust because there has been a lit said here:The main objective of any director is to keep the organisation moving towards reaching its goals and. 3¢. 06. ASX - By Stock. Otherwise the CGT Event is taken to occur on the date your share swap is processed and CGT to be calculated at market price for that day. View dividend history, insider trades and ASX analyst consensus. Those guys are "guns for hire". Re WGO disposing of the Spanish assets at mates rates before the takeover settles, this is more plausible and presents a bigger risk IMO. ASX - By Stock. ASX - By Stock. For what it's worth I'll be voting no to this scheme. Charts. Change in substantial holding for WGOWGO: Warrego and Strike align for Joint DevelopmentSTX In Strong Position, Look Through Value Keeps Improving. WGO board should take notice of SN from STX incentives withdrawal today and act in the same manner. Change in substantial holding for WGOIn this instance, the sale of NWE and, in particular, WGO has given us more than we need in terms of the actual market valuation for our asset. Last updated 15. 2 STX for 1 WGO share. . share. Forums. Typical transactions are $1 to $1. Fluid samples and testing indicate pressure levels are highly conducive to conventional reservoir production, and above pre-drill expectations based on previously. . Latest Posts. Forex. 21. Dec 2 (Reuters) - Warrego Energy Ltd (WGO) : INCREASE IN OFFER PRICE UNDER HANCOCK ENERGY TAKEOVER OFFER FOR WARREGO NOTES ANNOUNCEMENT TODAY BY HANCOCK. ASX - Day TradingFurthermore, with knowing that multiple parties were makin offers to purchase the company, the WGO board should have been smarter knowing that they hold all of the cards and could have dictated better conditions - there was no need to sign up for a 1% break fee, which could easily cost WGO $2. ASX - By Stock. ASX - Day Tradingis what the punters are pricing into the S P atm !Hancock Offer - Third Supplementary Target's Statement. Participation from Market Makers. . They also didn't sell when the share price touched 15. Thread: Hot News: 0: 197: 0: 06/02/23: 06/02/23: ASX - By Stock:. ASX - Day Trading WGO’s Undervalued Spanish Assets WGO’s Spanish Tesorillo asset, on the other hand, is a play that is probably under appreciated by investors. . Created with Sketch. ASX - Short Term Trading. 0 Great. HotCopper has news, discussion, prices and market data on HILLGROVE RESOURCES LIMITED. BPT are the big winners. 59pm 23/11/2023 ? HotCopper has news, discussion, prices and market data on COOPER ENERGY LIMITED. Thread: Hot News: 0: 235: 0: 18/01/23: 18/01/23: ASX - By Stock:. Created with Sketch. Forums. Created with Sketch. Forums. GC holding is 3. The STX offer was still better even after the BPT one! Some here would have you believe being paid 20 cents for you shares, then potentially paying 20 - 50% of that in tax, then jumping into the queue to try and buy STX against a whole bunch of other shareholders with your remaining pittance and therefore driving the price up for the company that you. Share With STXs 1:1 offer in the table, we have a scenario where a bidder lobs in a bid for STX at say 50c, making the WGO bid by STX look incredibly attractive to WGO holders. ASX - General. ASX - By Stock. As far as Gina having 18 billion dollars or Bill friggin Gates having more (the computer nerd, not the Hotcopper poster) whatever offer is made, will ALWAYS revalue STX at the same time. , page-2. Created with Sketch. Change in substantial holding for WGO, page-2. Click for more information. This puts pressure on both wgo and stx. Ceasing to be a substantial holder for WGO, page-2. Created with Sketch. Join the HotCopper ASX share market forum today for free. View More. 180944. Bought at 35. Seems to me that the relationship between WGO and STX has always been less than harmonious and an uneasy relationship at best. However, in this case the Board of WGO (incl. Without operatorship, WGO is a less attractive takeover. DJPIN. . Created with Sketch. Last updated 15. STX holders cannot say otherwise. 20 (1) The in-running nip point of a power transmission belt, rope or chain, and any portion of a flywheel or pulley located within 2. 7 MILLION SHARES IN CO UPON EXERCISE OF 6. Australia's largest stock trading and investment forum Australia's #1 stock forumCreated with Sketch. Manager and son of Red Barn owner Sam Shwabe, filmed child pornography of his employees by installing cameras in. share. Just to clarify my own calcs and curiosity, MIN cost of WGO holding is: 200,000,000 cost $69,705,095 = 34. 1. Created with Sketch. As it stands with STX at 25 cents, the offers are pretty much the same value today. In other words, rather than WGO retaining their 50% and proceeding with the development of WE (with associated development risk, delays, dilution for funding WGO share of development costs etc), they have recognized that a much more efficient structure (and lower risk structure for WGO shareholders) is to join with a bigger co to develop WE. But, you should stop thinking they need this deal to get Haber over the. H could also provide project funding or straight debt funding to WGO. 15 -0. we can argue the pros &amp; cons till the cows come home but look at it this way, together we would most likely have 4 to 6 TCF of the lowest cost gas in. yes agree its good to have a recognised partner, but the terms were pretty ordinary for WGO shareholders. ASX - Short Term Trading. ASX - By Stock. Created with Sketch. 25 counter proposal let see what hancock comes up with As announced on 14 November 2022, Beach Energy Limited (ASX: BPT, Beach) entered into a Scheme Implementation Deed (SID) with Warrego Energy Limited (ASX: WGO, Warrego) under which Beach would acquire all the issued shares in Warrego for $0. , page-2. . Remember MIN have Lockyer Deep which they own 80% with NWE, they don’t need WE gas. Forums. Investors may trade in the Pre-Market (4:00-9:30 a. Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. Forums. Join the HotCopper ASX share market forum today for free. The bids by Min and Hancock have made the market aware of much WGO and STX were undervalued. 80. Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. Warrego has therefore entered into a balancing agreement with partner Strike Energy, whereby it will effectively purchase gas from Strike to enable Warrego to overlift more than its 50% share of the field volumes to meet its sales commitments to Alcoa. ASX - Day Trading. International Markets. ASX - General. . The general tone is best described as "they are pissed" Expected more of a reaction here but even the market seems a bit ho hum about it with BPT down so far on the day. Advertise on HotCopper. 775 STX share for 1 WGO share. Very interesting market open about to happen. jan 11 (reuters) - strike energy ltd () : refers to off-market takeover offers by hancock energy and strike energy for all issued fully-paid ordinary shares in warrego energyWarrego Energy Limited (“Warrego” or the “Company”) (ASX: WGO) has commenced payments toAustralian Gas Infrastructure Group (“AGIG”) to enable it to commit Long Lead Items (“LLIs”) for theconstruction of the mid-stream 87 TJ/d gas processing facility for Phase 1 of the West Erregulla GasProject. ASX - By Stock. ASX - General. Share The Scots cost their loyal followers a lot of money, simply because of their spite for STX. News: WGO Mineral Resources Says It Does Not Intend To Make Takeover Bid Or Other Offer For Warrego. News: WGO UPDATE 1-Hancock Energy's updated $304 million bid for Warrego Energy satisfies minimum. MarketEGM PresentationWGO gas is also contracted. The $40 million spent represents around 26% of the. Strike partnering with AGIG for an infrastructure deal - what effects do we think this will have on another takeover offer perhapslooks like WGO could be on a similar SP to STX soon. The $40 million spent represents around 26% of the. 6. Had they not had such ego's and seen the value in combining with STX, they would've ended up with probably twice as much in what would probably have been an inevitable takeover of STX than what they got by accepting the Hancock offer for WGO. The BOD and management have failed in every aspect to promote this company since.