. 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. My interpretation is. Created with Sketch. Warrego raises $15 million via two-tranche placement, page-4. Hancock Energy off-market takeover offer for Warrego, page-2. Join the HotCopper ASX share market forum today for free. Created with Sketch. Created with Sketch. 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. $17. . Forums. ASX - Day Tradingis what the punters are pricing into the S P atm !Hancock Offer - Third Supplementary Target's Statement. 25), STX position then weakened as they cannot obtain 100% of WE, BPT then take over STX on the cheap. WGO: Strike's First Supplementary Bidder's Statement, page-8. Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. WGO. BPT. 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. 39. ASX - By Stock. ASX - General. ASX - By Stock. Scenario 1 - BPT buys WGO on the cheap ($0. Charts. MIN and Gina convert to STX and the three collaborate - most. WGO rejects non-binding indicative proposal from Strike, page-2. Created with Sketch. 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. ASX - Day Trading. 21. WGO could learn a bit about selling the sizzle from from STX. i love hotcopper . The purchase of WGO:ASX @ 0. WGO board recommending that shareholders take 20 cents per share. 20 - $0. So it is likely to get worse before. GC holding is 3. Created with Sketch. WGO: Re: Stx abandons WE development : Thread: JiggyJigs: 16: 6. BPT are the big winners. . WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. . That really p***d me off. ASX - By Stock. 2. Forums. STX: Wagina Gas Discovery, page-2. 2. 0. 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. . enjoy the ride fellow investors , we don't. Created with Sketch. WGO report is dull looking by comparison, they really need to find a good graphic designer. NSX - By Stock. 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. 3mm barrel of condensate). WGO Price at posting: 18. Share The Scots cost their loyal followers a lot of money, simply because of their spite for STX. ASX - By Stock. Created with Sketch. However, in this case the Board of WGO (incl. Gas shortages in Europe mean that Germans will, in some areas, be enjoying cold showers. . Warrego high-grades Erregulla Deep Structure in EP 469STX: West Erregulla Update, page-3. 6¢. WGO Price at posting: 35. 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. 1. Going on past form, I cannot see WGO accepting the first proposal without some shenanigans. WGO Price at posting. 17. 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. Those guys are "guns for hire". International Markets. $64. ASX - Day TradingCreated with Sketch. 59pm 22/11/2023 ? HotCopper has news, discussion, prices and market data on AVITA MEDICAL INC. Created with Sketch. Without WGO's 50%, STX is a less attractive takeover target. HotCopper is Australia's largest free and independent stock market trading forum for ASX share prices & stock market discussions. It was the WGO Board that agreed to STX offer subject to any further DD and/or superior offer. . But, you should stop thinking they need this deal to get Haber over the. 0¢ Sentiment: Hold Disclosure: Not HeldChange in substantial holding for WGOFinal Director's Interest Notice - L Putland. Join the HotCopper ASX share market forum today for free. Created with Sketch. 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. ASX - Day Trading. 0¢. wgo to decide whether to accept/recommend and stx, to decide whether to improve the terms. 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. Well done WGO management. With Success @WE5 starting the Domino effect of company making. 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. Created with Sketch. 0. STX: Strike's Seventh Supplementary Bidder's StatementAny thoughts on STX flow test announcement. Click for more information. Created with Sketch. A fine example of small man syndrome. With information given during the EGM August looks like being a transformational month WGO. 0. . anyway among all the speculitive posts and some of them very well contructed . In Spain, the Company holds an 85% working interest in the Tesorillo gas. Forex. 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. The Calmer Co reports robust Q1 FY24 revenue growth with 40% surge for ecommerce salesCheck out STX Announcement. Created with Sketch. 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. 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. 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 . WGO: Warrego/Beach Energy Scheme Update. all this will eventually come to a final conclusion and for once its great to be on the right side of the. 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. NSX - By Stock. ASX - By Stock. Created with Sketch. 1. Some people were curious where potentially we are heading. Australia's largest stock trading and investment forum Australia's #1 stock forumSTX: West Erregulla 2 UpdateNotice under section 708A(5)(e) of the Corporations Actone of the best performers past months. 5 (though we don't quite know how the market will digest the deal), it has an implied value for WGO's. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on TORO ENERGY LIMITED. ASX - Day TradingCreated with Sketch. Well done WGO management. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. 26. ASX - By Stock. Scenario 1 - BPT buys WGO on the cheap ($0. Created with Sketch. Release Date: 01/12/22 15:41; Summary: WGO:Warrego Commences Matching Rights Process in Beach SID; Price Sensitive: Yes; Download Document 155. Forums. See the latest Winnebago Industries Inc stock price (WGO:XNYS), related news, valuation, dividends and more to help you make your investing decisions. BPT: Beach not to exercise matching right for WarregoWarrego Farms-out 50% of EPA-127 to Mitsui, page-2. Forex. Commodities. The Scots, or possibly one of them, will need to be seen as coming out on top. 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. Each would also have a separate HIN or SRN. 673011. 6¢. ASX - By Stock. Join the HotCopper ASX share market forum today for free. Created with Sketch. Created with Sketch. 34. I do appreciate the reasons for A disparity in the MCs of the two stocks and truth be told I am more impressed by the senior management at STX, as. Find the latest Winnebago Industries, Inc. 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. 4. Without operatorship, WGO is a less attractive takeover. STX tried and failed / out bid by a Billionaire. 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. ——-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. Created with Sketch. Forums. Latest Posts. Created with Sketch. ASX - General. 0K: 3: 23/12/22: 23/12/22: ASX - By Stock: Thread: Created with Sketch. 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. 00% 35. The sell side of both wgo and stx look quite thin compared to what they have been. m. Share. At present, WGO board (DnD) is conducting a "fire sale" and getting fire sale prices. This means any transaction should be at a higher multiple of reserves, say $1. Last updated 15. Warrego enters into Scheme Implementation Deed with Beach, page-5. Created with Sketch. ASX - By Stock. TIL: Matthew Shwabe, Asst. 10. Lets just all accept the outcomes like business people and move on. the whole thing started with a very low bar of them accepting 20c and selling it as a great offer. Created with Sketch. 20 - $0. share. Market . They bought the second tranche after the Hancock deal was in the public domain. 20 cash per share,. The AFR is reporting that Min Res has sold to Hancock giving it 50. Latest Posts. Latest Posts. ASX - Day Trading. The $40 million spent represents around 26% of the. WGO rejects non-binding indicative proposal from Strike, page-2. The $40 million spent represents around 26% of the. 3 Mitsui can take operatorship. Last updated 15. Commodities. Forums. Hancock Offer - Second Supplementary Target's StatementVolume. Share Prices & Charts for WARREGO ENERGY LIMITED. 38KB: Share: WGO Quarterly Report and Appendix 5B: 28/04/22: PRICE SENSITIVE: Created with Sketch. Charts. MarketJan 27 (Reuters) - Warrego Energy Ltd (WGO) : ISSUED 6. Remember MIN have Lockyer Deep which they own 80% with NWE, they don’t need WE gas. ASX - By Stock. , page-4. ASX - General. ASX - By Stock. HPPL due to their corporate structure has with an initial Stock offering of 1. 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. News: WGO Warrego Energy Issues 6. 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. Forums. Forums. Created with Sketch. Australia's largest stock trading and investment forum Australia's #1 stock forumCreated with Sketch. The purchase has listed the Hancock Group on the ASX. Created with Sketch. Latest Posts. Annual Report to shareholders, page-3. ASX - Day TradingSTX: West Erregulla Update, page-4. 4. They bought the second tranche after the Hancock deal was in the public domain. ASX - By Stock. Does this mean there. Ironically, the best way for both Donald and Duncan to maximise their own wealth might be to step away from running the company. Warrego Energy Limited (WGO, formerly Petrel Energy Limited) is focused on the development of onshore assets in Australia and Spain. They got told to bugger off by NWE faithful and all of a sudden the WGO price starts rising again. Forex. 67%. Forums. (1) my average price for WGO is about 13c, so it's a decent return over a relatively short time (2) My shares are converted to STX, which means my slice of the overall pie doesn't get diluted (3) based on STX's last price of 24. . Share. ASX - By Stock. 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. Above is extract from a merger presentation to facilitate discussion. I am a bit perplexed as to how come STX share price is rocketing away, and WGO is hovering around at 30. Created with Sketch. 5 & 15% for some prospective NPV's to check against market cap and offers coming throughCreated with Sketch. Market . 3 Billion Nett Profit private company. Your mob have literally confirmed how cheap we currently are by buying a substantial holding. The Hancock Group in their purchase of WGO:ASX have just used the vehicle for listing on the ASX. ASX - General. 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 Sketch. ASX - By Stock. Forums. Change in substantial holding for WGO WGO: Warrego and Strike align for Joint Development STX In Strong Position, Look Through Value Keeps Improving. 0. WGO Price at posting: 35. ET). 10. ASX - Short Term Trading. . 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. , page-3. 5 beginning December and is now 21. . If no other suitor is forthcoming (and I doubt there is), WGO shareholders are stuck between a rock and a hard place. IPOs. Commodities. All the latest Warrego Energy Limited (ASX:WGO) share price movements, news, expert commentary and investing advice from The Motley Fool Australia. WGO Price at posting: 22. Join the HotCopper ASX share market forum today for free. . WGO Price at posting: 18. 36/sh on condition that Hancock achieves 40% or more acceptances from WGO shareholders (Hancock currently hold ~25% of Warrego shares). Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Application for quotation of securities - 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. . (WGO) stock quote, history, news and other vital information to help you with your stock trading and investing. , page-3. Change in substantial holdingCurious as to how many of you like me hold both WGO and STX. Share The Scots cost their loyal followers a lot of money, simply because of their spite for STX. Energy crises, wars, plans to transition from. , page-5. . Investors may trade in the Pre-Market (4:00-9:30 a. Created with Sketch. WGO: Counterproposal from Beach Energy. ASX - By Stock. 2. WGO. The WGO break fee to BPT is $2. Really, who knows what could happen, even now. 2. WGO Price at posting. 18919. 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. ASX - Day TradingIs that really feasible though. . 4% of WGO MR's is 1. Click for more. Commodities. Initially I held STX and had good profit, then I saw the. 3 Upvote. Receipt of non-binding indicative proposal - Beach Energy, page-3. Created with Sketch. FMD Tooter - go back to Kindy and learn some maths. All the latest Warrego Energy Limited (ASX:WGO) share price movements, news, expert commentary and investing advice. The STX/WGO JV, despite the water chaos theory, has systematically derisked a gas acreage to now be the largest in the Perth Basin. 9%, page-2. (WGO) stock quote, history, news and other vital information to help you with your stock trading and investing. Target our investor community with our suite of Hotcopper. midst-rising-energy-prices-and-supply-stalls/ RockTalk is a * video series featuring a roundtable of resources experts discussing a new macro topic each week. . ASX - By Stock. keen to see how WGO differs on its interpretation, page-2. . Created with Sketch. Rhetoric that WGO holders have been screaming for some time. They also didn't sell when the share price touched 15. ASX - By Stock. This sounds like real "the dog ate my homework stuff" and sure we don't have all the facts but really it looks like amatuer hour. Created with Sketch. Advertise. Forums. 3¢. Created with Sketch. 0¢ Sentiment: None Disclosure: Held Created with Sketch. all this will eventually come to a final conclusion and for once its great to be on the right side of the action. Post #: 52692430. 0 Great analysis. Latest Posts. 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. How on earth can WGO shareholders vote to accept Beach's low ball offer with the WA government about to update the market on future export licence requests . Ceasing to be a substantial holder for WGO, page-2. Latest Posts. ME1 Melodiol's subsidiary, Mernova Medicinal, celebrates highest ever monthly sales amidst explosive Q3 FY23 growthJoin the HotCopper ASX share market forum today for free. 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. $3. ASX - Day Tradingnov 14 (reuters) - beach energy (bpt) : transaction to acquire warego will be fully funded from co's existing debt facilities and cash reserves to. 846 STX share for 1 WGO share. They have options. Some people were curious where potentially we are heading. This really is becoming a JOKE the shareprice drop!!!!!!!!!!!!!!!!!!!!!!!, page-9. Charts. Currently unlisted. Maybe. HPPL due to their corporate structure has with an initial Stock offering of 1. If no other suitor is forthcoming (and I doubt there is), WGO shareholders are stuck between a rock and a hard place. ASX - By Stock. Market . 7 MILLION UNLISTED OPTIONS, EXERCISABLE AT A$0. 2B shares, with a 7. The bids by Min and Hancock have made the market aware of much WGO and STX were undervalued. ASX - By Stock. MarketWE-4 Flow Test, page-4. when does the new asx Code come into play I thought it was Monday, page-2. . Last updated 15. ASX - By Stock. West Erregulla Resource Update, page-2. STX reports have lots of pictures of drill rigs etc. Warrego Commences Matching Rights Process in Beach SID1. ASX - Day Trading. . asx), with an improved bid of $0. 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. 5 cents during the last trading days of WGO including the final 5 shares. 10. Join the HotCopper ASX share market forum. ET) and the After Hours Market (4:00-8:00 p. 59pm 23/11/2023 ? HotCopper has news, discussion, prices and market data on COOPER ENERGY LIMITED. 0¢. ASX - By Stock. Change of Director's Interest NoticeStrike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. This puts pressure on both wgo and stx. 85. DJPIN. So, you can keep some change in your pocket too, kind of script/cash offer. Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. Come on man, SP should be double. Charts. 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. Fluid samples and testing indicate pressure levels are highly conducive to conventional reservoir production, and above pre-drill expectations based on previously. HotCopper has news, discussion, prices and market data on BREAKER RESOURCES NL. 0¢ Sentiment: Hold Disclosure: HeldCreated with Sketch. ASX - By Stock. . Seems to me that the relationship between WGO and STX has always been less than harmonious and an uneasy relationship at best. Latest Posts. ASX - By Stock. 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. 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. Created with Sketch. Renewed Hancock Bid for Warrego Energy. Renewed Hancock Bid for Warrego Energy. 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. Latest Posts. WGO is getting interesting now. Join the HotCopper ASX share market forum today for free. Market .