Obviously STX will benefit from the deal, but mostly from a scale and synergies perspective, which has value limits compared to their other opportunities. Created with. . ASX - General. The purchase of WGO:ASX @ 0. 36/sh on condition that Hancock achieves 40% or more acceptances from WGO shareholders (Hancock currently hold ~25% of Warrego shares). 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. Latest Posts. Forums. Latest Posts. WGO Price at posting. Commodities. ASX - By Stock. Just the WGO 2P/2C net component of gas, with my back of envelope, gives a WGO value of about $305MM. If no other suitor is forthcoming (and I doubt there is), WGO shareholders are stuck between a rock and a hard place. Not a good outcome for WGO or STX shareholders. I wonder if good news is not far away,maybe the rig is close to arriving in Uruguay or. Guys a while ago there was a research report that talked about the significant value in the Spanish assets. FMD. The $40 million spent represents around 26% of the. . The AFR is reporting that Min Res has sold to Hancock giving it 50. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. 16: Created with Sketch. 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. Created with Sketch. 2B shares, with a 7. HotCopper has news, discussion, prices and market data on HILLGROVE RESOURCES LIMITED. Latest Posts. hardly good terms for WGO if it is indeed what DD said in todays preso. ASX - By Stock. 1. Created with Sketch. There are now 7 (SEVEN) wells that can come on line - Walyering 5/6 CASH imminent. 66. Application for quotation of securities - WGO. ASX - Day TradingThe stock price of petrel looked a lot stronger late in the week. Target our investor community with our suite of Hotcopper Advertising. Advertise. ASX - Day Trading WARREGO ENERGY LIMITED (ASX:WGO) - Ann: Warrego/Beach Energy Scheme Update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading. Last updated 11. ASX - General. . Created with Sketch. 03c. , page-2. Created with Sketch. 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. HPPL due to their corporate structure has with an initial Stock offering of 1. ASX - Day TradingWGO: Proposed competing takeover offer from Strike. 20 - $0. WGO report is dull looking by comparison, they really need to find a good graphic designer. Warrego Energy Limited (WGO, formerly Petrel Energy Limited) is focused on the development of onshore assets in Australia and Spain. 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). Australia's largest stock trading and investment forum Australia's #1 stock forumWarrego Share Purchase Agreement Signed. 21. Created with Sketch. Created with Sketch. Forums. In the ‘Milestone Summary Q4/22’, West Erregulla is listed for “Development Decision’. 1. Created with Sketch. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. ASX - Day TradingHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. . Latest Posts. WGO could learn a bit about selling the sizzle from from STX. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Renewed Hancock Bid for Warrego Energy. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. $64. 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. STX: Outstanding West Erregulla Flow Test Results, page-7. ASX - Day Trading. Charts. Created with Sketch. ASX - By Stock. Latest Posts. Energy crises, wars, plans to transition from. Charts. Forums. 5¢ Sentiment: None Disclosure: Not HeldPlease accept the original offer of 1. Something just tells me it is Minres. ASX -. all the while exposed to all manner of external risks. STX reports have lots of pictures of drill rigs etc. 59pm 24/11/2023 ? HotCopper has news, discussion, prices and market data on GOODMAN GROUP. FMD. WGO. Commodities. Forex. 5¢ Sentiment: None Disclosure: Not HeldNotice under section 708A(5)(e) of the Corporations Act. 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. . Can I suggest 0. Charts. Change in substantial holdingCurious as to how many of you like me hold both WGO and STX. ASX - Day Trading. 85. 1227100. the whole thing started with a very low bar of them accepting 20c and selling it as a great offer. Latest Posts. 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. jan 9 (reuters) - warrego energy ltd () : notice of ceasing to be a substantial holder ; duncan macniven as controlling shareholder of mira lasnubes, angela macniven gave notice of ceasing to be substantial holderSTX: West Erregulla 2 Completion, page-3. making it possible for an acquirer to nab both for effectively one offer. ——-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. Market . How the board can say it's in the best interest of shareholders to take the money. 39. Target's Statement in response to Hancock OfferChange in substantial holding for WGO. STX offered 0. Last edited by Assyrian2: 02/12/22. ASX - Day TradingCreated 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. STX tried and failed / out bid by a Billionaire. 4% Combined is about 4. Market . Hancock Energy - Seventh Supplementary Bidder's StatementCreated with Sketch. 1 per PJ Normalised WA Gas environment of $3. ASX - By Stock. 0 Great analysis. Warrego Energy Limited is an Australia-based petroleum exploration, development and productiApplication for quotation of securities - WGO. . Commodities. 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. ASX - Day Trading. (WGO) stock quote, history, news and other vital information to help you with your stock trading and investing. 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. 5 beginning December and is now 21. 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. 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. MarketJan 27 (Reuters) - Warrego Energy Ltd (WGO) : ISSUED 6. Created with Sketch. 45pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on ORA BANDA MINING LTD. 4. Join the HotCopper ASX share market forum today for free. Market . ASX - By Stock. Created with Sketch. ASX - Day Trading. ASX - By Stock. 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…. Today's announcements demonstrate exactly how cheap WGO was last week at 21c and still is in my opinion. Created with Sketch. Re WGO disposing of the Spanish assets at mates rates before the takeover settles, this is more plausible and presents a bigger risk IMO. . Post #: 52692430. . 0¢ Sentiment: Hold Disclosure: HeldCreated with Sketch. WGO. This means any transaction should be at a higher multiple of reserves, say $1. ASX - Day TradingWARREGO ENERGY LIMITED (ASX:WGO) - Ann: Warrego/Beach Energy Scheme Update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading. 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. Created with Sketch. Scenario 1 - BPT buys WGO on the cheap ($0. . $63. However, in this case the Board of WGO (incl. ASX - Day TradingCreated with Sketch. 50-1. Participation from Market Makers. . BPT are the big winners. ASX - Day Tradingshare. Created with Sketch. ASX - General. We are range bound for now. ASX - Day TradingSTX: West Erregulla Update, page-2. 0 Great. ASX - Short Term Trading. Otherwise it would appear that WGO will be a conglomeration of STX, Hancock, Minres and some as yet unknown entity. For what it's worth I'll be voting no to this scheme. 0¢. ASX - Day Trading. r/VictoriaBC • 9 days ago. 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 Price at posting. Charts. 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. Market . Created with Sketch. ASX -. 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. So it is likely to get worse before. WGO: Strike's First Supplementary Bidder's Statement, page-6. . I find the b*tching about one or other stock bizarre and ultimately self defeating. Click for more information. International Markets. ASX - Day Trading. Forums. . Well things have lit up on the WGO threads. Created with Sketch. Warrego Commences Matching Rights Process in Beach SID1. Market . . HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. 7 MILLION UNLISTED OPTIONS, EXERCISABLE AT A$0. it would be easy for STX/WGO to replicate a NWS option. WGO rejects non-binding indicative proposal from Strike, page-2. Change in substantial holding for WGOWGO: Warrego and Strike align for Joint DevelopmentSTX In Strong Position, Look Through Value Keeps Improving. ASX - By Stock. Advertise on HotCopper. 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. . Maybe. 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. A fine example of small man syndrome. . and graphics of potential plants and plenty of colour and brightness. Annual Report to shareholders, page-3. . ASX - Day TradingDec 17 (Reuters) - Warrego Energy Ltd (WGO) : AGREED TO ACQUIRE A MINIMUM 50. Created with Sketch. . STX: Wagina Gas Discovery, page-2. The sell side of both wgo and stx look quite thin compared to what they have been. That really p***d me off. Some people were curious where potentially we are heading. ASX - By Stock. ASX - Day TradingSTX: West Erregulla Update, page-4. UK Investor UpdateSame here 33c or gina's 28c or strikes 1-1 which the dilution will see stirke back at 20c when its done and dustedAmazing the stock trades at 12-12. 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. , page-3. Created with Sketch. Find the latest Winnebago Industries, Inc. 2. Charts. 27 Upvote. ASX - Short Term Trading. Rhetoric that WGO holders have been screaming for some time. ASX - By Stock. NSX - General. ASX - General. Warrego high-grades Erregulla Deep Structure in EP 469STX: West Erregulla Update, page-3. ASX - Day TradingWE-5 Commences Clean Up, page-5. Join the HotCopper ASX share market forum today for free. The BOD and management have failed in every aspect to promote this company since. Today wa gas is nearing $7. Join the HotCopper ASX share market forum today for free. See the latest Winnebago Industries Inc stock price (WGO:XNYS), related news, valuation, dividends and more to help you make your investing decisions. 15KBCreated with Sketch. Those guys are "guns for hire". 7 Mln Shares Upon Exercise Of 6. 0. . Market . Latest Posts. . Lets just all accept the outcomes like business people and move on. ASX - Day TradingEverybody is in it for the same reason. ASX - By Stock. i love hotcopper . 1% of WGO, page-2. IPOs. Last updated 15. 5m for no reason other than incompetent negotiations. 6¢. Join the HotCopper ASX share market forum today for free. However, in this case the Board of WGO (incl. 23:27. They got told to bugger off by NWE faithful and all of a sudden the WGO price starts rising again. , page-6. View More. Market . Does this mean there. NSX - By Stock. Hancock Bidder's Statement, page-2. 64%. Latest Posts. 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. IPOs. Join the HotCopper ASX share market forum today for free. They stand to gain most and their buying stopped. WGO locked in unless a stronger bid comes in - STX provided a proposal only. ASX -. 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. 58. 36 per ordinary share has just followed the normal reverse IPO/listing route. They have options. Assuming the worst case scenario whereby none of our 3P or 2C actually converts to 2P, our 2P reserves is c. Warrego enters into Scheme Implementation Deed with Beach, page-5. EP469 being played out :. Charts. , page-5. The purchase of WGO:ASX @ 0. . 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. But, you should stop thinking they need this deal to get Haber over the. 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. . ASX - Short Term Trading. Join the HotCopper ASX share market forum today for. , page-4. . . 3 Mitsui can take operatorship. 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. Last updated 15. Latest Posts. The STX/WGO JV, despite the water chaos theory, has systematically derisked a gas acreage to now be the largest in the Perth Basin. 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. Scenario 1 - BPT buys WGO on the cheap ($0. arrow. ASX - Day TradingHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 58KBBecoming a substantial holder for WGOVolume. 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. H could maybe underwrite a CR, and creep up register. International Markets. Join the HotCopper ASX share market forum today for free. ASX - Day TradingWarrego and Strike align for Joint DevelopmentIt could be that this causes a fast-track opportunity for WGO in Spain. MarketSTX: Excellent WE3 results confirm extension of field to nor, page-2. 211PJ booked reserves for WGO’s share of the in ground gas. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on TORO ENERGY LIMITED. ASX - By Stock. Change in substantial holding for WGO. WGO: Strike's Second Supplementary Bidder's Statement, page-2. WGO Price at posting: 35. Last edited by invertedva: 24/10/22. All the latest Warrego Energy Limited (ASX:WGO) share price movements, news, expert commentary and investing advice. That is where the benefit for all non DnD WGO SH sits. It was the WGO Board that agreed to STX offer subject to any further DD and/or superior offer. 34. Share The Scots cost their loyal followers a lot of money, simply because of their spite for STX. Join the HotCopper ASX Stock discussion forum for WARREGO ENERGY LIMITED. STX holders cannot say otherwise. Absolutely crazy. 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. Market . . Forums. 5 & 15% for some prospective NPV's to check against market cap and offers coming throughCreated with Sketch. 58. . Market . 1. 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. Stx would then have to be trading at over a dollar. Join the HotCopper ASX share market forum today for free. ASX - General. 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. Forums. Investors may trade in the Pre-Market (4:00-9:30 a. 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. ASX - By Stock. This puts pressure on both wgo and stx. 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. 10. . The $40 million spent represents around 26% of the. 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. Forums. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on MINERAL RESOURCES LIMITED. Forex. Advertise on HotCopper. 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. 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. WGO: Re: Stx abandons WE development : Thread: JiggyJigs: 16: 6. So we are going to start seeing swings of superior/inferior bid based on the STX share price. I would quite like to see my shareholding increase in value by 60% without doing. ASX - By Stock. Quarterly Report and Appendix 5B, page-2. . . Created with Sketch. Join the HotCopper ASX share market forum today for free. Charts. Thread: Hot News: 0: 235: 0: 18/01/23: 18/01/23: ASX - By Stock:. Change in substantial holding. I can assure you that no smart money has been buying WGO in size in the high 30s to flip for a few cents after converting, waiting for a few months to get issued their new stock etc etc. WGO touched 11c multiple times recently and they didn't buy any at that price. ASX - By Stock. It is not reliant on securing WGO share of WE. Latest Posts. WGO: 25/05/22: Created with Sketch. 1. Created with Sketch. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. ASX - By Stock. Forums. Forums. . ASX - By Stock. Share Prices & Charts for WARREGO ENERGY LIMITED. . The $40 million spent represents around 26% of the.