MarketJan 27 (Reuters) - Warrego Energy Ltd (WGO) : ISSUED 6. Latest Posts. Rhetoric that WGO holders have been screaming for some time. ——-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. STX SP was 15. Market . when does the new asx Code come into play I thought it was Monday, page-2. 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. looks like WGO could be on a similar SP to STX soon. . 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 Sketch. Also, WGO are going to have to raise capital in the worst. The purchase of WGO:ASX @ 0. Forums. 2. STX reports have lots of pictures of drill rigs etc. 6¢. They got told to bugger off by NWE faithful and all of a sudden the WGO price starts rising again. The purchase of WGO:ASX @ 0. Forums. Forums. anyway among all the speculitive posts and some of them very well contructed . Created with Sketch. . Warrego raises $15 million via two-tranche placement, page-4. . Forums. After a couple of years, they decided they don't want to sell them anymore and will keep them. There is enough gas at SE for Haber to go ahead. Created with Sketch. 903234. Ceasing to be a substantial holder for WGO WGO: Strike's Second Supplementary Bidder's Statement 1. Just the WGO 2P/2C net component of gas, with my back of envelope, gives a WGO value of about $305MM. ET). Join the HotCopper ASX share market forum today for free. 36/sh on condition that Hancock achieves 40% or more acceptances from WGO shareholders (Hancock currently hold ~25% of Warrego shares). ASX - Day TradingWarrego and Strike align for Joint DevelopmentIt could be that this causes a fast-track opportunity for WGO in Spain. 180944. Market . $3. Created with Sketch. . Created with Sketch. arrow. ASX - Short Term Trading. 3 Mitsui can take operatorship. 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. WGO Price at posting: 35. Forums. 10 Upvote. ASX - General. HPPL due to their corporate structure has with an initial Stock offering of 1. Forums. Anyone have any sort of prospective cashflow EBITDA forecasts from development for WGO and can discount at 10,12. The WGO break fee to BPT is $2. WGO: Re: Stx abandons WE development : Thread: JiggyJigs: 16: 6. ASX - General. ASX - Day TradingHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. . 0. . 25), STX position then weakened as they cannot obtain 100% of WE, BPT then take over STX on the cheap. The BOD and management have failed in every aspect to promote this company since. Charts. Forums. Share. 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 . Last updated 15. Market . Change in substantial holding for WGO, page-2. Assuming the worst case scenario whereby none of our 3P or 2C actually converts to 2P, our 2P reserves is c. . Receipt of non-binding indicative proposal - Beach Energy, page-3. ASX - General. Any thoughts on STX flow test announcement. . this will proportional inflate Gina's equity stake in WGO to above 40%, forcing a premium payment for her. Last updated 15. GC holding is 3. . WGO tried for years to sell the Spanish assets but couldn't. 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. Created with Sketch. . Created with Sketch. Created with Sketch. Latest Posts. 4% of WGO MR's is 1. Created with Sketch. . Warrego Energy Limited is an Australia-based petroleum exploration, development and productiApplication for quotation of securities - WGO. Market . Forums. Join the HotCopper ASX share market forum today for free. IPOs. Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. Join the HotCopper ASX share market forum today for free. m. Market . Created with Sketch. ASX - By Stock. The Hancock Group in their purchase of WGO:ASX have just used the vehicle for listing on the ASX. 59pm 24/11/2023 ? HotCopper has news, discussion, prices and market data on GOODMAN GROUP. Forex. from memory Mitsui get 50% as long as they cover years 1 and 2 costs for up to 1. Absolutely crazy. ASX - Day Trading. Created with Sketch. Charts. 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. but STX could use some of their uncontracted gas for it if they want. ASX - Day TradingHancock Energy off-market takeover offer for WarregoHancock Bidder's StatementBelow was posted on the STX site;"Looking forward , I would love to hear McGowan explaining to Gina why she can't have a LNG license but K. asx), with an improved bid of $0. Created with Sketch. , page-2. Forums. STX: West Erregulla Update, page-2. Created with Sketch. 36/sh on condition that Hancock achieves 40% or more acceptances from WGO. ASX - General. The $40 million spent represents around 26% of the. 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. 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 . ASX - Day Trading. 2. Created with Sketch. Latest Posts. Because Hancock has no WGO shares, and BPT has no WGO shares (yet). This was the main reason for the MD being based in Europe. Join the HotCopper ASX share market forum today for free. Annual Report to shareholders, page-3. Created with Sketch. 0. The $40 million spent represents around 26% of the. the whole thing started with a very low bar of them accepting 20c and selling it as a great offer. Each would also have a separate HIN or SRN. Hancock Bidder's Statement, page-2. ASX - Day Trading. ASX - Short Term Trading. $64. asx), with an improved bid of $0. Scenario 1 - BPT buys WGO on the cheap ($0. . At this point, WGO is receiving a big management-risk discount from the market. In this episode Peter Strachan takes a deep dive into the world of fertilisers. 5 m (8 ft) above a floor, walkway. ASX - By Stock. ASX - By Stock. ASX - By Stock. STX reports have lots of pictures of drill rigs etc. Last edited by invertedva: 24/10/22. Latest Posts. 0¢. 5c. 2. The purchase has listed the Hancock Group on the ASX. Forums. Created with Sketch. r/VictoriaBC • 9 days ago. ASX - By Stock. 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. My interpretation is. DJPIN. 3mm barrel of condensate). Created with Sketch. WGO could be 35c today -- only if they have accepted the STX offer of 1. ASX - By Stock. ASX - By Stock. Created with Sketch. Created with Sketch. $3. Latest Posts. ASX - Day TradingCeasing to be a substantial holder from MIN. 681. Application for quotation of securities - WGO. ASX - By Stock. ASX - General. If no other suitor is forthcoming (and I doubt there is), WGO shareholders are stuck between a rock and a hard place. jan 16 (reuters) - warrego energy ltd (wgo) : it is uncertain that any party will reach 90% threshold required to compulsorily acquire all outstanding. The bids by Min and Hancock have made the market aware of much WGO and STX were undervalued. enjoy the ride fellow investors , we don't. In market cap terms (assuming no additional shares on issue) we wgo will be (666 million and strike 1,680 million). 0¢ Sentiment: Hold Disclosure: HeldCreated with Sketch. Find the latest Winnebago Industries, Inc. 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. 0. ASX - Day Trading. Target our investor community with our suite of Hotcopper. 7 Million Unlisted Options : Thread: Hot News: 0: 484: 0: 27/01/23: 27/01/23: ASX - By Stock:. 59pm 23/11/2023 ? HotCopper has news, discussion, prices and market data on COOPER ENERGY LIMITED. . ASX - By Stock. . and graphics of potential plants and plenty of colour and brightness. ASX - General. WGO Price at posting: 18. International Markets. Warrego has therefore entered into a balancing agreement with partner Strike Energy, whereby it will effectively purchase gas. WGO Price at posting: 31. Very interesting market open about to happen. Warrego and Alcoa Sign Long Term Gas Sales Agreement, page-4. 5 cents during the last trading days of WGO including the final 5 shares. Join the HotCopper ASX share market forum today for free. Market . TIL: Matthew Shwabe, Asst. Personally. Lets just all accept the outcomes like business people and move on. Today wa gas is nearing $7. Without operatorship, WGO is a less attractive takeover. . ASX - By Stock. Your mob have literally confirmed how cheap we currently are by buying a substantial holding. WGO rejects non-binding indicative proposal from Strike, page-2. 0¢. Commodities. WGO shares, for all intents and purposes, are at 22cents. WGO. . . 05 May 10:19. 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. There are now 7 (SEVEN) wells that can come on line - Walyering 5/6 CASH imminent. Latest Posts. WGO: Warrego/Beach Energy Scheme Update. WGO: Strike's First Supplementary Bidder's Statement. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. As it stands with STX at 25 cents, the offers are pretty much the same value today. Created with Sketch. Created with Sketch. 0¢ Sentiment: None Disclosure: Held Created with Sketch. The STX/WGO JV, despite the water chaos theory, has systematically derisked a gas acreage to now be the largest in the Perth Basin. ASX - Short Term Trading. Mr Anthony John Wyeth. share. 2 STX shares for each WGO share. 1% of WGO, page-3. That said, if it is still their intent to take out WGO, then it would be logical for them to eventually table the. . Created with Sketch. ASX - Day TradingWGO: Proposed competing takeover offer from Strike. They are all responsible for acting in the best. ASX - Day TradingFurthermore, with knowing that multiple parties were makin offers to purchase the company, the WGO board should have been smarter knowing that they hold all of the cards and could have dictated better conditions - there was no need to sign up for a 1% break fee, which could easily cost WGO $2. Created with Sketch. 06. 1. 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. Created with Sketch. Created with Sketch. 1. FMD. ASX - Day Trading. Completion of Blue Hydrogen & CSS Project Feasibility StudyS&P DJI Announces March 2022 Quarterly RebalanceGood interview with yiur future CEO, lol investment adv. Market . 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. Losing WGO to STX but maintaining upside exposure to PB while enjoying the synergies from the merged entity is a great outcome for me personally. Created with Sketch. Today's announcements demonstrate exactly how cheap WGO was last week at 21c and still is in my opinion. Australia's largest stock trading and investment forum Australia's #1 stock forumWarrego Share Purchase Agreement Signed. Latest Posts. So, you can keep some change in your pocket too, kind of script/cash offer. Hancock Energy - Extension of Offer Period WGO management have sold out its own shareholders- no ifs, no buts about it. Last updated 15. Latest Posts. 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 Sketch. . . yes agree its good to have a recognised partner, but the terms were pretty ordinary for WGO shareholders. Join the HotCopper ASX share market forum today for. Market . 3mm barrel of condensate). Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Ironically, the best way for both Donald and Duncan to maximise their own wealth might be to step away from running the company. A fine example of small man syndrome. ASX - By Stock. MIN and Gina convert to STX and the three collaborate - most. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 5 & 15% for some prospective NPV's to check against market cap and offers coming throughCreated with Sketch. 105. IPOs. 10. Key Points . Typical transactions are $1 to $1. But, you should stop thinking they need this deal to get Haber over the. 12. It was the WGO Board that agreed to STX offer subject to any further DD and/or superior offer. PRL 6 MONTH DAILY. 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. jan 11 (reuters) - strike energy ltd () : refers to off-market takeover offers by hancock energy and strike energy for all issued fully-paid ordinary shares in warrego energyWarrego Energy Limited (“Warrego” or the “Company”) (ASX: WGO) has commenced payments toAustralian Gas Infrastructure Group (“AGIG”) to enable it to commit Long Lead Items (“LLIs”) for theconstruction of the mid-stream 87 TJ/d gas processing facility for Phase 1 of the West Erregulla GasProject. The $40 million spent represents around 26% of the. $3. See the latest Winnebago Industries Inc stock price (WGO:XNYS), related news, valuation, dividends and more to help you make your investing decisions. Created with Sketch. WGO touched 11c multiple times recently and they didn't buy any at that price. . 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. Will STX put out an announcement if the share price starts falling (down today) stating that the bid is no longer superior. . . hardly good terms for WGO if it is indeed what DD said in todays preso. WGO board should take notice of SN from STX incentives withdrawal today and act in the same manner. yet another reason to be looking at STX as a. BPT: Beach not to exercise matching right for WarregoWarrego Farms-out 50% of EPA-127 to Mitsui, page-2. ASX - By Stock. . Created with Sketch. The sell side of both wgo and stx look quite thin compared to what they have been. 6¢. Becoming a substantial holder for WGO, page-3. Created with Sketch. HotCopper is Australia's largest free and independent stock market trading forum for ASX share prices & stock market discussions. International Markets. Latest Posts. In WA prolific Perth Basin the Company holds a 50% interest in EP469, including the West Erregulla gas project, and 100% of EPA-0127. 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. 7,831,643. Ordinary Shares. all this will eventually come to a final conclusion and for once its great to be on the right side of the. WGO: Strike's First Supplementary Bidder's Statement, page-8. 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. MarketSTX: Excellent WE3 results confirm extension of field to nor, page-2. . Renewed Hancock Bid for Warrego Energy. Hancock Energy Fourth Supplementary Bidder's Statement, page-2. The purchase of WGO:ASX @ 0. Join the HotCopper ASX share market forum today for free. VinFast Auto Ltd. 7 MILLION SHARES IN CO UPON EXERCISE OF 6. Going on past form, I cannot see WGO accepting the first proposal without some shenanigans. Market . Join the HotCopper ASX share market forum today for free. SO WGO will need to fund-raise - usually by a CR. H could maybe underwrite a CR, and creep up register. 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. . Forex. 03c. WGO Price at posting. Above is extract from a merger presentation to facilitate discussion. I find the b*tching about one or other stock bizarre and ultimately self defeating. . . Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. 36 per ordinary share has. 67%. Last edited by Assyrian2: 02/12/22. Chairman's Address and Managing Director's PresentationVolume. STX offered 0. Charts. 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. ASX - Day TradingSTX: West Erregulla Update, page-2. making it possible for an acquirer to nab both for effectively one offer. The AFR is reporting that Min Res has sold to Hancock giving it 50. ASX - By Stock. Created with Sketch. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. ASX - Day TradingEverybody is in it for the same reason. STX holders cannot say otherwise. 59pm 22/11/2023 ? HotCopper has news, discussion, prices and market data on STRIKE ENERGY LIMITED. Latest Posts. ASX - Day TradingCreated with Sketch. Change in substantial holding for WGOWGO: Warrego and Strike align for Joint DevelopmentSTX In Strong Position, Look Through Value Keeps Improving. ASX - Day Trading. 1. 3¢ Sentiment: Buy Disclosure: Held. I am a bit perplexed as to how come STX share price is rocketing away, and WGO is hovering around at 30. 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. 36 per ordinary share has just followed the normal reverse IPO/listing route. Created with Sketch. STX tried and failed / out bid by a Billionaire. 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. Market . 20. ASX - By Stock. How the board can say it's in the best interest of shareholders to take the money. all the while exposed to all manner of external risks. 846 STX share for 1 WGO share.