44MM !! (1% of deal value) Lets say WGO has about $24MM in cash at the moment. 59pm 23/11/2023 ? HotCopper has news, discussion, prices and market data on COOPER ENERGY LIMITED. and MIN is buying STX on market… At the end, they build an up to 19. Application for quotation of securities - WGO. MIN and Gina convert to STX and the three collaborate -. 0. ASX - Short Term Trading. Forex. Forums. So it is likely to get worse before. The BOD and management have failed in every aspect to promote this company since. STX: Outstanding West Erregulla Flow Test Results, page-7. For what it's worth I'll be voting no to this scheme. Commodities. Created with Sketch. WGO report is dull looking by comparison, they really need to find a good graphic designer. STX SP was 15. Created with Sketch. Supplementary Bidder's Statement, page-2. Furthermore, the way Strike has played their cards, with more than a little help by Min push g Hancock over the 50% ownership of WGO and thus automatically extending her offer by two weeks, has enabled Strike to gain $120m or more in additional funds. The $40 million spent represents around 26% of the. Commodities. STX holders cannot say otherwise. from memory Mitsui get 50% as long as they cover years 1 and 2 costs for up to 1. H could also provide project funding or straight debt funding to WGO. ASX - Day TradingWE-5 Commences Clean Up, page-5. all this will eventually come to a final conclusion and for once its great to be on the right side of the. The $40 million spent represents around 26% of the. ASX - By Stock. Created with Sketch. ASX - By Stock. FMD. I am a bit perplexed as to how come STX share price is rocketing away, and WGO is hovering around at 30. This really is becoming a JOKE the shareprice drop!!!!!!!!!!!!!!!!!!!!!!!, page-10. 0¢ Sentiment: None Disclosure: Held. 0. Share. I would quite like to see my shareholding increase in value by 60% without doing. Ironically, the best way for both Donald and Duncan to maximise their own wealth might be to step away from running the company. ASX - By Stock. Forums. Created with Sketch. 4% Combined is about 4. ASX - Day TradingSTX: West Erregulla Update, page-2. Latest Posts. Going on past form, I cannot see WGO accepting the first proposal without some shenanigans. 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. Created with Sketch. , page-2. International Markets. 27 Upvote. asx), with an improved bid of $0. , page-6. WGO report is dull looking by comparison, they really need to find a good graphic designer. Rhetoric that WGO holders have been screaming for some time. WGO: Warrego/Beach Energy Scheme Update. WGO rejects non-binding indicative proposal from Strike, page-2. 59pm 17/11/2023 ? HotCopper has news, discussion, prices and market data on COOPER ENERGY LIMITED. Currently unlisted. FMD Tooter - go back to Kindy and learn some maths. Created with Sketch. Created with Sketch. Australia's largest stock trading and investment forum Australia's #1 stock forumWarrego Share Purchase Agreement Signed. A fine example of small man syndrome. 846 STX share for 1 WGO share. Believe me , this is not about a wGO vs STX relative value discussion , I am over that and I think the companies are taking different paths, but simply sharing my opinion how one should look at and value gas fields at the various stages of development. Join the HotCopper ASX share market forum today for free. 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. WGO Rights Issue 76% Oversubscribed $4. WGO: Strike's First Supplementary Bidder's Statement, page-3. ASX - Day Trading. 2 STX shares for each WGO share. Last updated 15. Well things have lit up on the WGO threads. Glad you dont manage my portfolio. I have been thinking how inefficient the market is sometimes, In my many years of investing, i have been amazed how high probability outcomes are not. 5 mmBOe (350PJ + 0. Forums. ASX - Day Trading. Join the HotCopper ASX share market forum today for free. Join the HotCopper ASX Stock discussion forum for WARREGO ENERGY LIMITED. Completion of Blue Hydrogen & CSS Project Feasibility StudyS&P DJI Announces March 2022 Quarterly RebalanceGood interview with yiur future CEO, lol investment adv. Reaching up. I've been with this clown show since the drilling misadventures on the Pampas. 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. 9% share in STX below (or around) 40c per share - which is a steal - before lunching a first (low-ball) t/o-offer for STX… It seems obvious…. share. . Created with Sketch. 3¢. My interpretation is. Created with Sketch. i love hotcopper . 3 Billion Nett Profit private company. Charts. 2B shares, with a 7. . In this episode Peter Strachan takes a deep dive into the world of fertilisers. . 4. Created with Sketch. The purchase has listed the Hancock Group on the ASX. and graphics of potential plants and plenty of colour and brightness. International Markets. Join the HotCopper ASX share market forum today for free. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. Board and Management Changes at WarregoNov 14 (Reuters) - Warrego Energy Ltd (WGO) : ENTERED INTO A SCHEME IMPLEMENTATION DEED WITH BEACH ENERGY LIMITED UNDER DEAL, WARREGO SHAREHOLDERS WOULD. ASX - By Stock. Latest Posts. Hancock Energy - Extension of Offer Period WGO management have sold out its own shareholders- no ifs, no buts about it. Change in substantial holding for WGO In 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. ASX - General. HotCopper has news, discussion, prices and market data on HILLGROVE RESOURCES LIMITED. ASX - Day Trading. And at some stage ( maybe already) somone will also have to talk to Macquarie Capital. . . ASX - Day Trading. Forums. . share. Created with Sketch. They are all responsible for acting in the best. Latest Posts. They also didn't sell when the share price touched 15. NSX - By Stock. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. How does WGO get to share in SE and Walyering? I thought Walyering was STX and TPD and that SE was 100% STX. ASX - By Stock. 86% - thats a meaningful number in a tight contest. Does this mean there. 34. Warrego Commences Matching Rights Process in Beach SID1. ET). So of course anything slightly higher than that would be superior. NSX - By Stock. Charts. 25 per share cashseems to me that the powers have driven wgo down to this price and kept it there. Created with Sketch. 3¢ Sentiment: Buy Disclosure: Held. Join the HotCopper ASX share market forum today for free. ASX - By Stock. Long ways to go yet but if STX wants this then make a fair dinkum offer and stop playing games they can't afford. 67%. Post #: 52692430. 0¢. Quarterly Report and Appendix 5B, page-2. ——-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. , page-5. Ceasing to be a substantial holder for WGO, page-2. . There is enough gas at SE for Haber to go ahead. The bids by Min and Hancock have made the market aware of much WGO and STX were undervalued. 9% of WGO again. 39. 85c each 34,767,298 cost $13,570,195 = 39. Forums. 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. West Erregulla Resource Update, page-2. WGO shares, for all intents and purposes, are at 22cents. Share. asx), with an improved bid of $0. 221456. DJPIN. 00% 35. Latest Posts. 58. Created with Sketch. 66. WGO: 25/05/22: Created with Sketch. Created with Sketch. Charts. making it possible for an acquirer to nab both for effectively one offer. 10. 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. If you are happy with the STX offer, sell your shares at 22c and buy STX shares at 26c? It works out to be 0. Created with Sketch. . ASX - By Stock. ASX - By Stock. ASX - Day TradingCreated with Sketch. Last updated 15. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on TORO ENERGY LIMITED. . 25), STX position then weakened as they cannot obtain 100% of WE, BPT then take over STX on the cheap. ASX - General. 15KB Created with Sketch. SO WGO will need to fund-raise - usually by a CR. ASX - Day TradingCreated with Sketch. IPOs. (WGO) stock quote, history, news and other vital information to help you with your stock trading and investing. the whole thing started with a very low bar of them accepting 20c and selling it as a great offer. 38. Latest Posts. all this will eventually come to a final conclusion and for once its great to be on the right side of the action. 21am 17/11/2023 ? HotCopper has news, discussion, prices and market data on CORELLA RESOURCES LTD. Energy crises, wars, plans to transition from. Change of Director's Interest NoticeStrike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. . However, in this case the Board of WGO (incl. Latest Posts. It will still be considered by ATO to be a CGT Event, unless STX get over 80% of WGO shares and CGT Rollover Relief is formally granted. We are range bound for now. Scenario 2 WGO and STX work together to ensure STX successfully takes over WGO. Market . 9¢. Latest Posts. ASX - By Stock. 5c? If STX purchased those swap shares on a 1:1 basis, then logic says that they should/probably return with a 1:1 t/o bid for the balance. Created with Sketch. Timeline. Great News for all:Release Date: 29/07/21 08:46Summary: WE5 Production Test UpdatePrice Sensitive: YesDownload Document. ASX - By Stock. Join the HotCopper ASX share market forum today for free. But, you should stop thinking they need this deal to get Haber over the. . They are putting the heat on stx and wgo by saying the offer will be unconditional on Monday. The $40 million spent represents around 26% of the. 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. ASX - Day Trading. 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. WGO Price at posting: 35. ASX - Day Trading. Target our investor community with our suite of Hotcopper. ASX - Day Trading. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. . 0¢. WGO locked in unless a stronger bid comes in - STX provided a proposal only. 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. Forums. 20 - $0. Latest Posts. 2. Join the HotCopper ASX share market forum today for free. ASX - General. 20 cash per share,. $64. , page-3. Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. International Markets. Forums. . , page-4. . Created with Sketch. 2. Join the HotCopper ASX share market forum today for free. So, you can keep some change in your pocket too, kind of script/cash offer. Latest Posts. Forums. . Share 1ASX/MEDIA RELEASE10 November 2022Receipt of Non-Binding and Indicative ProposalWarrego Energy Limited (“Warrego”, ASX:WGO) notes recent increased trading activity in its shares andadvises that it received a non-binding and indicative proposal from Strike Energy Limited (“Strike”) underwhich Strike would acquire. Created with Sketch. Latest Posts. enjoy the ride fellow investors , we don't. PRL 6 MONTH DAILY. Mr Anthony John Wyeth. 21. Key Points . The AFR is reporting that Min Res has sold to Hancock giving it 50. ASX - By Stock. Feb 27 (Reuters) - Warrego Energy Ltd (WGO) : HANCOCK CONFIRMED IT WILL NOW COMMENCE COMPULSORY ACQUISITION PROCESS OF COChanged my position in WGO from Not Held to Held. 57MB:Hancock's 10th Supplementary Bidder's StatementChange in substantial holdingSTX tried to low ball WGO by playing down the future potential in the WE permit however dumb and dumber wanted cash so recommended 20 cents (guess since they were sellers at 15 cents for some shares to raise cash 20 cents looked good). Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. Commodities. MIN and Gina convert to STX and the three collaborate - most. Created with Sketch. $3. . Resignation and Appointment of Company SecretaryHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Share Gina Rinehart’s Hancock Energy has won majority control of Warrego Energy, marking a milestone in the drawn-out takeover battle for the West Australian gas producer against the target’s joint venture partner Strike Energy. Forums. 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. Created with. $64. arrow. conservatively Wgo MC should be beyond $240m ($211m + cash). 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. 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. WGO Price at posting: 35. When he asked God what it mean. IPOs. ASX - General. News: WGO UPDATE 1-Hancock Energy's updated $304 million bid for Warrego Energy satisfies minimum. The sell side of both wgo and stx look quite thin compared to what they have been. Last edited by Assyrian2: 02/12/22. Warrego has therefore entered into a balancing agreement with partner Strike Energy, whereby it will effectively purchase gas. anyway among all the speculitive posts and some of them very well contructed . DJPIN. STX keep their WGO and the three collaborate - possible IMO 3. when prl become wgo before they even did their first drill wgo was . Created with Sketch. WGO: Re: Stx abandons WE development : Thread: JiggyJigs: 16: 6. The Scots, or possibly one of them, will need to be seen as coming out on top. ASX - Day TradingJan 5 (Reuters) - Warrego Energy Ltd (WGO) : NOTES ANNOUNCEMENT BY HANCOCK TODAY ANNOUNCEMENT BY HANCOCK OF HIKING OFFER PRICE TO A$0. WGO: Strike's Second Supplementary Bidder's Statement, page-2. Hopefully, the 40% increase in the reserves changed the bottom to 12. Latest Posts. Market . The Calmer Co reports robust Q1 FY24 revenue growth with 40% surge for ecommerce salesCheck out STX Announcement. Warrego Energy Limited (WGO) - Wireline logs confirm WE-5 potential The West Erregulla JV (STX 50% and Operator, WGO 50%) have completed wireline testing of West Erregulla-5 (WE-5). . Would be good if STX could have a >50% cohort that will hang in there until the STX/WGO plan materialises. Today’s WGO share price, stock chart and announcements. BPT are the big winners. . International Markets. Market . Created with Sketch. ASX - Day Trading. Created with Sketch. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. FMD. News: WGO Strike Energy To Accept Into Hancock’S Current Offer For Warrego : Thread: Hot News: 0: 248: 2: 08/02/23: 08/02/23: ASX - By Stock: Thread: Created. Created with Sketch. . WGO. Created with Sketch. HPPL due to their corporate structure has with an initial Stock offering of 1. 20. Commodities. Fluid samples and testing indicate pressure levels are highly conducive to conventional reservoir production, and above pre-drill expectations based on previously. 0. Energy crises, wars, plans to transition from. . EP469 being played out :. Will STX put out an announcement if the share price starts falling (down today) stating that the bid is no longer superior. Surprised there is no mention of yesterdays news Beach locking in a sales agreement to sell more of their Watsia gas to BP LNG on this threadIn my eyes. 1. 3mm barrel of condensate). 5¢ Sentiment: None Disclosure: Not HeldNotice under section 708A(5)(e) of the Corporations Act. In Spain, the Company holds an 85% working interest in the Tesorillo gas. Because Hancock has no WGO shares, and BPT has no WGO shares (yet). Thread: Hot News: 0: 235: 0: 18/01/23: 18/01/23: ASX - By Stock:. Created with Sketch. Seems to me that the relationship between WGO and STX has always been less than harmonious and an uneasy relationship at best. Advertise on HotCopper. 06. Latest Posts. Latest Posts. This puts pressure on both wgo and stx. Chairman's Address and Managing Director's PresentationVolume. Latest Posts. ASX - Day TradingSTX: West Erregulla Update, page-4. WGO board recommending that shareholders take 20 cents per share. WGO: Counterproposal from Beach Energy. Created with Sketch. Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. ASX - General. Typical transactions are $1 to $1. we can argue the pros & 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. 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. International Markets. 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. m. . Forums.