0K:. Otherwise it would appear that WGO will be a conglomeration of STX, Hancock, Minres and some as yet unknown entity. Forums. Hancock Energy Fourth Supplementary Bidder's Statement, page-2. WGO: Strike's First Supplementary Bidder's Statement, page-3. 67%. Created with Sketch. 8¢. looks like WGO could be on a similar SP to STX soon. 20 - $0. , page-4. . 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. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. . ASX - By Stock. 26. Market . The purchase has listed the Hancock Group on the ASX. Initially I held STX and had good profit, then I saw the. 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. Created with Sketch. Hancock Energy - Sixth Supplementary Bidder's StatementStrike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Created with Sketch. Change of Director's Interest NoticeStrike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Forums. 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,. Forums. WGO Price at posting: 18. I would quite like to see my shareholding increase in value by 60% without doing. ASX -. ASX - By Stock. Forums. Charts. 3mm barrel of condensate). ASX - Short. 84 -4. 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 . Counterproposal from Beach Energy. . 25), STX position then weakened as they cannot obtain 100% of WE, BPT then take over STX on the cheap. MIN and Gina convert to STX and the three collaborate -. ASX - Day TradingDec 17 (Reuters) - Warrego Energy Ltd (WGO) : AGREED TO ACQUIRE A MINIMUM 50. Renewed Hancock Bid for Warrego Energy. , page-2. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. Created with Sketch. ASX - By Stock. . Created with Sketch. 9% of WGO again. Market . WGO Price at posting: 31. WGO: Strike's First Supplementary Bidder's Statement, page-8. Investors may trade in the Pre-Market (4:00-9:30 a. 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. 2B shares, with a 7. 10. Charts. 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…. 36 per ordinary share has just followed the normal reverse IPO/listing route. WGO Price at posting: 35. ASX - By Stock. 1121477. . WGO: Strike's First Supplementary Bidder's Statement, page-3. The WGO break fee to BPT is $2. Created with Sketch. Warrego and Alcoa Sign Long Term Gas Sales Agreement, page-4. . Created with Sketch. Forums. MarketJan 27 (Reuters) - Warrego Energy Ltd (WGO) : ISSUED 6. Created with Sketch. As it stands with STX at 25 cents, the offers are pretty much the same value today. 5¢ Sentiment: None Disclosure: Not HeldNotice under section 708A(5)(e) of the Corporations Act. Obviously STX will benefit from the deal, but mostly from a scale and synergies perspective, which has value limits compared to their other opportunities. all this will eventually come to a final conclusion and for once its great to be on the right side of the. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Above is extract from a merger presentation to facilitate discussion. 59pm 23/11/2023 ? HotCopper has news, discussion, prices and market data on COOPER ENERGY LIMITED. Advertise on HotCopper. A fine example of small man syndrome. ASX -. 5 beginning December and is now 21. Created with Sketch. proves that the NWE bid by MIN is a placing distraction to inflate a counter move, while buying and converting WGO, to access STX assets so they get a tolling facility for primary and downstream processing. Something just tells me it is Minres. ASX - Day Trading. Advertise on HotCopper. Created with Sketch. WGO could learn a bit about selling the sizzle from from STX. . Warrego high-grades Erregulla Deep Structure in EP 469STX: West Erregulla Update, page-3. So we are going to start seeing swings of superior/inferior bid based on the STX share price. Stx would then have to be trading at over a dollar. 64%. 7 Mln Shares Upon Exercise Of 6. Bought at 35. 5 m (8 ft) above a floor, walkway. The Scots, or possibly one of them, will need to be seen as coming out on top. STX: Strike increases ownership of Warrego to 19. 2. (WGO) stock quote, history, news and other vital information to help you with your stock trading and investing. Well done WGO management. , page-4. Target our investor community with our suite of Hotcopper. 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. Not a good outcome for WGO or STX shareholders. Featured News. Stokes can. 1. Created with Sketch. . ASX - By Stock. ASX - By Stock. 7,831,643. The $40 million spent represents around 26% of the. Latest Posts. Find the latest Winnebago Industries, Inc. Market . Hancock's 10th Supplementary Bidder's Statement, page-2. ASX - Short Term Trading. jan 16 (reuters) - warrego energy ltd (wgo) : it is uncertain that any party will reach 90% threshold required to compulsorily acquire all outstanding. 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. and MIN is buying STX on market… At the end, they build an up to 19. Currently unlisted. Energy crises, wars, plans to transition from. Charts. 10. 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. International Markets. Created with Sketch. Charts. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 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. NSX - By Stock. 1. Remember MIN have Lockyer Deep which they own 80% with NWE, they don’t need WE gas. , page-6. arrow. . 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. 03c. from memory Mitsui get 50% as long as they cover years 1 and 2 costs for up to 1. 3 Virgin Radio Victoria (CHBE-FM) delivers music, entertainment. Forums. Really, who knows what could happen, even now. . 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. MarketEGM PresentationWGO gas is also contracted. 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. ASX - By Stock. Created with Sketch. Ceasing to be a substantial holder for WGO WGO: Strike's Second Supplementary Bidder's Statement 1. 2. Reaching up. MarketThanks WGO. Created with Sketch. 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 AFR is reporting that Min Res has sold to Hancock giving it 50. ASX - By Stock. Created with Sketch. 0¢ Sentiment: Hold Disclosure: HeldCreated with Sketch. ASX - Day Trading. . Forums. ASX - General. Latest Posts. ASX - Day Trading. Long ways to go yet but if STX wants this then make a fair dinkum offer and stop playing games they can't afford. Change in substantial holding for WGO WGO: Warrego and Strike align for Joint Development STX In Strong Position, Look Through Value Keeps Improving. Dec 2 (Reuters) - Warrego Energy Ltd (WGO) : INCREASE IN OFFER PRICE UNDER HANCOCK ENERGY TAKEOVER OFFER FOR WARREGO NOTES ANNOUNCEMENT TODAY BY HANCOCK. . 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. Forums. It is not reliant on securing WGO share of WE. TIL: Matthew Shwabe, Asst. 25), STX position then weakened as they cannot obtain 100% of WE, BPT then take over STX on the cheap. 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. 10. Hancock Energy - Extension of Offer Period WGO management have sold out its own shareholders- no ifs, no buts about it. Anyone have any sort of prospective cashflow EBITDA forecasts from development for WGO and can discount at 10,12. 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 undervalued the propects you have are two. Re WGO disposing of the Spanish assets at mates rates before the takeover settles, this is more plausible and presents a bigger risk IMO. Created with Sketch. ASX - By Stock. Just noticed that the updated top 20 on the website is dated to the end of June 2021, which is different from the one in the annual report (to 28. ASX - Day TradingCreated with Sketch. Australia's largest stock trading and investment forum Australia's #1 stock forumWarrego Share Purchase Agreement Signed. Join the HotCopper ASX share market forum today for free. MarketSTX: Excellent WE3 results confirm extension of field to nor, page-2. ASX - By Stock. 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. ASX - Day Tradingis what the punters are pricing into the S P atm !Hancock Offer - Third Supplementary Target's Statement. 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. . 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. ASX - By Stock. Forums. 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. . It was the WGO Board that agreed to STX offer subject to any further DD and/or superior offer. Created with Sketch. 673011. 0 Great. This really is becoming a JOKE the shareprice drop!!!!!!!!!!!!!!!!!!!!!!!, page-10. Seems to me that the relationship between WGO and STX has always been less than harmonious and an uneasy relationship at best. and graphics of potential plants and plenty of colour and brightness. 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 - Day Trading. . Click for more. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. ASX - General. ASX - Day TradingWARREGO ENERGY LIMITED (ASX:WGO) - Ann: Warrego/Beach Energy Scheme Update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading. ASX - Short Term Trading. 1. r/VictoriaBC • 9 days ago. Latest Posts. Today's announcements demonstrate exactly how cheap WGO was last week at 21c and still is in my opinion. . Created with Sketch. WGO. International Markets. Completion of Blue Hydrogen & CSS Project Feasibility StudyS&P DJI Announces March 2022 Quarterly RebalanceGood interview with yiur future CEO, lol investment adv. ASX -. 5 & 15% for some prospective NPV's to check against market cap and offers coming throughCreated with Sketch. ASX - By Stock. HPPL due to their corporate structure has with an initial Stock offering of 1. In WA prolific Perth Basin the Company holds a 50% interest in EP469, including the West Erregulla gas project, and 100% of EPA-0127. 2. ASX - Short Term Trading. 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. Created with Sketch. I've been with this clown show since the drilling misadventures on the Pampas. ASX - By Stock. 3 Upvote. Market . 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. 21. m. 85c each 34,767,298 cost $13,570,195 = 39. ASX - General. Annual Report to shareholders, page-3. I am a bit perplexed as to how come STX share price is rocketing away, and WGO is hovering around at 30. 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. Going on past form, I cannot see WGO accepting the first proposal without some shenanigans. Ordinary Shares. 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. . 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. share. Thread: Hot News: 0: 197: 0: 06/02/23: 06/02/23: ASX - By Stock:. Market . WGO Rights Issue 76% Oversubscribed $4. 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. Forex. 59pm 17/11/2023 ? HotCopper has news, discussion, prices and market data on COOPER ENERGY LIMITED. Created with Sketch. Each would also have a separate HIN or SRN. Above is extract from a merger presentation to facilitate discussion. The bids by Min and Hancock have made the market aware of much WGO and STX were undervalued. 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. Your mob have literally confirmed how cheap we currently are by buying a substantial holding. . And at some stage ( maybe already) somone will also have to talk to Macquarie Capital. 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. Warrego number 4 in Most Discussed in HotCopper , great . 15KBCreated with Sketch. For what it's worth I'll be voting no to this scheme. Created with Sketch. Target's Statement in response to Hancock OfferChange in substantial holding for WGO. ASX - Day TradingThe stock price of petrel looked a lot stronger late in the week. $17. WGO: Strike's First Supplementary Bidder's Statement. You gave me a rare win and helped recoup some losses from other dog stocks. Forex. Becoming a substantial holder for WGO, page-3. Latest Posts. 3¢ Sentiment: Buy Disclosure: Held. IPOs. WGO could be 35c today -- only if they have accepted the STX offer of 1. Created with Sketch. Join the HotCopper ASX Stock discussion forum for WARREGO ENERGY LIMITED. 85. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. 26117. 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. The $40 million spent represents around 26% of the. 1 per PJ Normalised WA Gas environment of $3. Chairman's Address and Managing Director's PresentationVolume. Latest Posts. Australia's largest stock trading and investment forum Australia's #1 stock forumCreated with Sketch. 80. . 12. STX SP was 15. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. The STX/WGO JV, despite the water chaos theory, has systematically derisked a gas acreage to now be the largest in the Perth Basin. Forums. the whole thing started with a very low bar of them accepting 20c and selling it as a great offer. WGO: Counterproposal from Beach Energy. ASX - By Stock. Well things have lit up on the WGO threads. Also, WGO are going to have to raise capital in the worst. They have options. Each would also have a separate HIN or SRN. HotCopper is Australia's largest free and independent stock market trading forum for ASX share prices & stock market discussions. 57m Funding Secured: 01/11/17: Created with Sketch. 6¢. 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. BPT are the big winners. and graphics of potential plants and plenty of colour and brightness. Latest Posts. After a couple of years, they decided they don't want to sell them anymore and will keep them. WGO Price at posting: 35. 10. Created with Sketch. Glad you dont manage my portfolio. 20 - $0. Some people were curious where potentially we are heading. 5Million bucks i think, and in yr. ASX - By Stock. ASX - Day TradingJan 5 (Reuters) - Warrego Energy Ltd (WGO) : NOTES ANNOUNCEMENT BY HANCOCK TODAY ANNOUNCEMENT BY HANCOCK OF HIKING OFFER PRICE TO A$0. Forex. Created with Sketch. Latest Posts. Commodities. ASX - Day TradingCreated with Sketch. Latest Posts. Created with Sketch. share. 0¢ Sentiment: None Disclosure: Held Created with Sketch. Latest Posts. anyway among all the speculitive posts and some of them very well contructed . While Hancock is confident that Strike is not legally. Created with Sketch. The purchase has listed the Hancock Group on the ASX. ASX - Day TradingIs that really feasible though. Logically WGO is worth the most to STX - they already have 50% of WE and gaining 100% ownership of WE is very advantageous to STX - IMO it's much better than having a 50/50 JV for WE with a replacement partner eg. Last updated 15. Market . FMD. ASX - By Stock. International Markets. ASX - General. 3mm barrel of condensate). 4% of WGO MR's is 1. Share Prices & Charts for WARREGO ENERGY LIMITED. ASX - Day TradingHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. ASX - General. ASX - Day Trading. 0¢ Sentiment: None Disclosure: Held. 25 per share cashseems to me that the powers have driven wgo down to this price and kept it there. 5 (though we don't quite know how the market will digest the deal), it has an implied value for WGO's. . ASX - Day Trading. 775 STX share for 1 WGO share. Remember MIN have Lockyer Deep which they own 80% with NWE, they don’t need WE gas. Very comprehensive quarterly out over at STX Gives a great narrative on the timeline for our JV Hope WGO can give us something similiar, page-2. conservatively Wgo MC should be beyond $240m ($211m + cash). 06. Change in substantial holding for WGOWGO: Warrego and Strike align for Joint DevelopmentSTX In Strong Position, Look Through Value Keeps Improving. Change in substantial holding from MINJoin the HotCopper ASX share market forum today for free. International Markets. 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 all of the shares in Warrego that it does not already own via a. WGO board should take notice of SN from STX incentives withdrawal today and act in the same manner. Charts. Assuming the worst case scenario whereby none of our 3P or 2C actually converts to 2P, our 2P reserves is c. ASX - General. Created with Sketch. The $40 million spent represents around 26% of the. . ASX - Day TradingSTX: West Erregulla UpdateShare.