Without WGO's 50%, STX is a less attractive takeover target. ASX - By Stock. Forums. . 1. 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. EP469 being played out :. 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. ASX - Day TradingEverybody is in it for the same reason. ASX - By Stock. Come on man, SP should be double. . Warrego and Alcoa Sign Long Term Gas Sales Agreement, page-4. Created with Sketch. BPT. ASX - Day TradingSupplementary Bidder's StatementWGO has the cash for the initial funding of WE infrastructure, but not the funds to drill the new wells announced by STX for EP469. Market . DJPIN. 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. Created with. Forums. . 2B shares, with a 7. Post #: 52692430. Join the HotCopper ASX share market forum today for free. STX: Strike increases ownership of Warrego to 19. Typical transactions are $1 to $1. ASX - By Stock. 5 beginning December and is now 21. Market . 21. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 1. WGO: Strike's First Supplementary Bidder's Statement, page-7. NSX - By Stock. International Markets. Created with Sketch. Without operatorship, WGO is a less attractive takeover. Created with Sketch. STX: Outstanding West Erregulla Flow Test Results, page-7. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. Created with Sketch. Renewed Hancock Bid for Warrego Energy. Assuming the worst case scenario whereby none of our 3P or 2C actually converts to 2P, our 2P reserves is c. Forex. ASX - Day Trading. STX keep their WGO and the three collaborate - possible IMO 3. Join the HotCopper ASX share market forum today for free. Ceasing to be a substantial holder for WGO, page-2. It was the WGO Board that agreed to STX offer subject to any further DD and/or superior offer. Created with Sketch. IPOs. Market . Advertise. Charts. The purchase of WGO:ASX @ 0. Change in substantial holdingCurious as to how many of you like me hold both WGO and STX. . WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. Latest Posts. Hancock Bidder's Statement, page-2. ASX - By Stock. ASX - Day TradingCeasing to be a substantial holder from MIN. 36 per ordinary share has just followed the normal reverse IPO/listing route. 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. Latest Posts. arrow. . 03c. WGO: Strike's Second Supplementary Bidder's Statement, 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. FMD. 25), STX position then weakened as they cannot obtain 100% of WE, BPT then take over STX on the cheap. 58. 6. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. At this point, WGO is receiving a big management-risk discount from the market. ASX - By Stock. 5 (though we don't quite know how the market will digest the deal), it has an implied value for WGO's. Latest Posts. Join the HotCopper ASX share market forum today for free. Not a good outcome for WGO or STX shareholders. Latest Posts. . ASX - Short. 6¢. Charts. Created with Sketch. 21. In this episode Peter Strachan takes a deep dive into the world of fertilisers. Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. 17. Warrego high-grades Erregulla Deep Structure in EP 469STX: West Erregulla Update, page-3. all this will eventually come to a final conclusion and for once its great to be on the right side of the action. 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. 15 -0. View the detailed maiden research report produced by Arrowhead, providing an in-depth summary of the emerging green steel leader, Magnum Mining and Exploration, as they announce a promising partnership with the Saudi based Midmetals. 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. 3¢ Sentiment: Buy Disclosure: Held. NEWS Low unemployment and migration keeping Australia afloat, but inflation must subside: CommSecThe market is finally taking some notice of petrels announcement that uruquay samples are showing strong streaming cut fluorescence to my knowledge that. 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. Forums. Absolutely crazy. 4. 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,. News: WGO Mineral Resources Says It Does Not Intend To Make Takeover Bid Or Other Offer For Warrego. . 7 Million Unlisted Options : Thread: Hot News: 0: 484: 0: 27/01/23: 27/01/23: ASX - By Stock:. WGO: Strike's First Supplementary Bidder's Statement, page-6. 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). 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. 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…. ASX - Day TradingChange of Director's Interest Notice. 0¢ Sentiment: None Disclosure: Held Created with Sketch. Quarterly Report and Appendix 5B, page-2. ASX - Short Term Trading. 36 per ordinary share has just followed the normal reverse IPO/listing route. ASX - By Stock. For what it's worth I'll be voting no to this scheme. Ceasing to be a substantial holder for WGOWGO: Strike's Second Supplementary Bidder's StatementSTX sell their WGO to Gina/MIN - I rule this out as there was no need to buy the blocking stake if STX were ambivalent about WGO. So it is likely to get worse before. ASX - By Stock. ASX - By Stock. 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. They bought the second tranche after the Hancock deal was in the public domain. ASX - Day Trading. Warrego Energy Limited is an Australia-based petroleum exploration, development and productiApplication for quotation of securities - WGO. Created with Sketch. There is enough gas at SE for Haber to go ahead. asx), with an improved bid of $0. H could maybe underwrite a CR, and creep up register. ASX - General. 57m Funding Secured: 01/11/17: Created with Sketch. 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. it would be easy for STX/WGO to replicate a NWS option. Created with Sketch. ASX - Day TradingSTX: West Erregulla Update, page-2. So, you can keep some change in your pocket too, kind of script/cash offer. $3. ASX - General. Fluid samples and testing indicate pressure levels are highly conducive to conventional reservoir production, and above pre-drill expectations based on previously. . , page-3. . Created with Sketch. Plus what effect is WGO share price having on the strength of the STX bid. 3 Upvote. Created with Sketch. Forex. 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. 3 Billion Nett Profit private company. Forums. ASX - By Stock. 3¢. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on TORO ENERGY LIMITED. 64%. Warrego enters into Scheme Implementation Deed with Beach, page-5. STX offered 0. ASX - Day TradingSTX: West Erregulla UpdateShare. . The $40 million spent represents around 26% of the. WGO Price at posting: 18. ASX - Day Trading. . NSX - General. share. WGO rejects non-binding indicative proposal from Strike, page-2. ASX - Short Term Trading. dec 2 (reuters) - beach energy ltd () : beach advises that on 1 dec 2022 it submitted a counterproposal to acquire all issued shares in warrego for a$0. Created with Sketch. WGO Price at posting: 31. HPPL due to their corporate structure has with an initial Stock offering of 1. ASX - By Stock. Charts. 36 per ordinary share has. Created with Sketch. 5¢ Sentiment: None Disclosure: Not HeldPlease accept the original offer of 1. . . Created with Sketch. ASX - Day TradingWarrego and Strike align for Joint DevelopmentIt could be that this causes a fast-track opportunity for WGO in Spain. Australia's largest stock trading and investment forumWarrego/Beach Energy Scheme Update, page-2. 05 May 10:19. ASX - Day TradingCreated with Sketch. Manager and son of Red Barn owner Sam Shwabe, filmed child pornography of his employees by installing cameras in. . ASX - Short Term Trading. 1% of WGO, page-3. Luckily it isn't winter. 5c multiple times. Created with Sketch. ASX - General. BPT are the big winners. Market . It is Haber not Harber 3. HotCopper has news, discussion, prices and market data on BREAKER RESOURCES NL. Created with Sketch. Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. ASX - By Stock. ASX - General. Charts. VinFast Auto Ltd. 1 per PJ Normalised WA Gas environment of $3. asx), with an improved bid of $0. Commodities. This puts pressure on both wgo and stx. Wgo will be taken over at 30c and STx will be 25c and STX holders will still be saying STX at 30c was a better bet than WGO at 14c lol . West Erregulla Resource Update, page-2. WGO board should take notice of SN from STX incentives withdrawal today and act in the same manner. when prl become wgo before they even did their first drill wgo was . Above is extract from a merger presentation to facilitate discussion. Gas shortages in Europe mean that Germans will, in some areas, be enjoying cold showers. 45pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on ORA BANDA MINING LTD. ET) and the After Hours Market (4:00-8:00 p. . International Markets. and graphics of potential plants and plenty of colour and brightness. 36/sh on condition that Hancock achieves 40% or more acceptances from WGO. Created with Sketch. Otherwise it would appear that WGO will be a conglomeration of STX, Hancock, Minres and some as yet unknown entity. Release Date: 29/03/19 09:58; Summary: ASX changes name and code to Warrego Energy Limited ASX WGO; Price Sensitive: No; Download Document 167. . r/VictoriaBC • 9 days ago. Share. International Markets. When he asked God what it mean. Created with Sketch. dec 1 (reuters) - warrego energy ltd () : refers to off-market takeover offer from hancock energy (pb) pty ltd ; assessed hancock takeover offer & has determined that it is a superior proposal compared to scheme proposal from beach energyCreated with Sketch. Become a member of Australia's largest investment discussion forum. Created with Sketch. 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. Great News for all:Release Date: 29/07/21 08:46Summary: WE5 Production Test UpdatePrice Sensitive: YesDownload Document. Join the HotCopper ASX share market forum today for free. . Created 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. , page-5. Annual Report to shareholders, page-3. Completion of Blue Hydrogen & CSS Project Feasibility StudyS&P DJI Announces March 2022 Quarterly RebalanceGood interview with yiur future CEO, lol investment adv. conservatively Wgo MC should be beyond $240m ($211m + cash). ASX - By Stock. Forums. . So we are going to start seeing swings of superior/inferior bid based on the STX share price. MarketJan 27 (Reuters) - Warrego Energy Ltd (WGO) : ISSUED 6. ASX - By Stock. all this will eventually come to a final conclusion and for once its great to be on the right side of the. Hancock Energy - Extension of Offer Period WGO management have sold out its own shareholders- no ifs, no buts about it. ASX - By Stock. Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. Latest Posts. ASX - By Stock. In the ‘Milestone Summary Q4/22’, West Erregulla is listed for “Development Decision’. Maybe. 44MM !! (1% of deal value) Lets say WGO has about $24MM in cash at the moment. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. 27KB: Share: WGO Quarterly Report: 27/10/17: PRICE SENSITIVEfeb 22 (reuters) - warrego energy ltd (wgo) : updates on offer by hancock energy to acquire all shares in warrego energy limited hancock’s holding in. Maybe once we are on the same SP we can all. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Created with Sketch. . In WA prolific Perth Basin the Company holds a 50% interest in EP469, including the West Erregulla gas project, and 100% of EPA-0127. ASX - Day Tradingshare. Change in substantial holding for WGOWGO: Warrego and Strike align for Joint DevelopmentSTX In Strong Position, Look Through Value Keeps Improving. thats a dumb ass spec trade. 5 beginning December and is now 21. NSX - By Stock. 0¢. Created with Sketch. 2. They have options. A move by Chris Ellison’s Mineral Resources to sell its shares into Hancock’s 36¢-a-share offer has taken Hancock’s. But losing STX or the merged STX/WGO entity to Hancock would be the crappiest outcome as Hancock will emerge as the only winner even if Hancock pays a decent premium to gain full control of. The STX/WGO JV, despite the water chaos theory, has systematically derisked a gas acreage to now be the largest in the Perth Basin. Created with Sketch. 10. Forums. Glad you dont manage my portfolio. Latest Posts. Forex. . Created with Sketch. ASX - General. 9¢. 86% - thats a meaningful number in a tight contest. 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. Rhetoric that WGO holders have been screaming for some time. Created with Sketch. 0¢. So of course anything slightly higher than that would be superior. ASX - Day TradingWE-5 Commences Clean Up, page-5. 20 - $0. Change in substantial holding for WGO WGO: Warrego and Strike align for Joint Development STX In Strong Position, Look Through Value Keeps Improving. Change in substantial holding for WGO, page-2. 0K: 3: 23/12/22: 23/12/22: ASX - By Stock: Thread: Created with Sketch. Created with Sketch. 681. $3. The Scots, or possibly one of them, will need to be seen as coming out on top. WGO: Counterproposal from Beach Energy. They are all responsible for acting in the best. yes agree its good to have a recognised partner, but the terms were pretty ordinary for WGO shareholders. WGO: Strike's First Supplementary Bidder's Statement, page-8. The WGO break fee to BPT is $2. 5 cents during the last trading days of WGO including the final 5 shares. , page-3. Last updated 15. Well done WGO management. Created with Sketch. share. WGO Price at posting: 35. 0¢ Sentiment: Hold Disclosure: HeldCreated with Sketch. Created with Sketch. 85. ASX - Day Tradingis what the punters are pricing into the S P atm !Hancock Offer - Third Supplementary Target's Statement. While Hancock is confident that Strike is not legally. ASX - By Stock. 0¢. 21am 17/11/2023 ? HotCopper has news, discussion, prices and market data on CORELLA RESOURCES LTD. Assuming the worst case scenario whereby none of our 3P or 2C actually converts to 2P, our 2P reserves is c. 5 m (8 ft) above a floor, walkway. STX keep their WGO and the three collaborate - possible IMO 3. Market . And at some stage ( maybe already) somone will also have to talk to Macquarie Capital. Market . HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 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. 50, take out WGO and then turn your attention to STX and stop faffing around because you'll still have enough left over for a large box of cornflakes, premium full cream milk and a case or two of Penfolds. ASX - By Stock. 211PJ booked reserves for WGO’s share of the in ground gas. 27 Upvote. ASX - General. ASX - By Stock. hardly good terms for WGO if it is indeed what DD said in todays preso. arrow. Stx would then have to be trading at over a dollar. Latest Posts. Still a huge disparity between the Market caps mind you. The sell side of both wgo and stx look quite thin compared to what they have been. Hancock Offer - Second Supplementary Target's StatementVolume. 06. Well things have lit up on the WGO threads. 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. Still a huge disparity between the Market caps mind you. Last edited by Assyrian2: 02/12/22. WGO: Strike's Second Supplementary Bidder's Statement, page-2. 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. STX sell their WGO to Gina/MIN - I rule this out as there was no need to buy the blocking stake if STX were ambivalent about WGO. share. ASX - By Stock. 23:27. . ASX - By Stock. The BOD and management have failed in every aspect to promote this company since. Chairman's Address and Managing Director's PresentationVolume. STX: Wagina Gas Discovery, page-2. 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. Can I suggest 0. 0. ASX - By Stock. Created with Sketch. Will STX put out an announcement if the share price starts falling (down today) stating that the bid is no longer superior. MIN and Gina convert to STX and the three collaborate -. (WGO) stock quote, history, news and other vital information to help you with your stock trading and investing. Forums. For WGO and STX, the known and unknowns on the fields are worth north of 55-60c! WGO Price at posting: 31. ASX - Day Trading. Today’s WGO share price, stock chart and announcements. $64. Ceasing to be a substantial holder for WGO WGO: Strike's Second Supplementary Bidder's Statement 1. WGO for all intents and purposes is only being recognised for WE. Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. Scenario 1 - BPT buys WGO on the cheap ($0.