MarketEGM PresentationWGO gas is also contracted. Quarterly Report and Appendix 5B, page-2. Does this mean there. 03c. . ASX - By Stock. Today's announcements demonstrate exactly how cheap WGO was last week at 21c and still is in my opinion. MarketSTX: Excellent WE3 results confirm extension of field to nor, page-2. Come on man, SP should be double. Forums. Scenario 1 - BPT buys WGO on the cheap ($0. Created with Sketch. 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. Long ways to go yet but if STX wants this then make a fair dinkum offer and stop playing games they can't afford. IPOs. . ASX - Day TradingEverybody is in it for the same reason. Supplementary Bidder's Statement, page-2. Created with Sketch. . 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. 9%, page-2. Charts. 1% of WGO, page-2. . Change in substantial holding for WGOWGO: Warrego and Strike align for Joint DevelopmentSTX In Strong Position, Look Through Value Keeps Improving. Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. ASX - By Stock. Gas shortages in Europe mean that Germans will, in some areas, be enjoying cold showers. share. 2B shares, with a 7. Join the HotCopper ASX share market forum today for free. . ASX - Day Trading. International Markets. WGO: Strike's First Supplementary Bidder's Statement, page-8. , page-4. Share The Scots cost their loyal followers a lot of money, simply because of their spite for STX. Re WGO disposing of the Spanish assets at mates rates before the takeover settles, this is more plausible and presents a bigger risk IMO. ASX - Day Trading. 36/sh on condition that Hancock achieves 40% or more acceptances from WGO shareholders (Hancock currently hold ~25% of Warrego shares). TIL: Matthew Shwabe, Asst. Feb 27 (Reuters) - Warrego Energy Ltd (WGO) : HANCOCK CONFIRMED IT WILL NOW COMMENCE COMPULSORY ACQUISITION PROCESS OF COChanged my position in WGO from Not Held to Held. WGO: Strike's Second Supplementary Bidder's Statement, page-2. ASX - General. Forums. DJPIN. As it stands with STX at 25 cents, the offers are pretty much the same value today. 0¢. Share. 10. MarketWE-4 Flow Test, page-4. DJPIN. ASX - Day TradingCreated with Sketch. 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). STX holders cannot say otherwise. ASX - Short Term Trading. ET) and the After Hours Market (4:00-8:00 p. Mr Anthony John Wyeth. . 4% Combined is about 4. 846 STX share for 1 WGO share. Join the HotCopper ASX share market forum today for free. ——-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. . Latest Posts. Change in substantial holding for WGO, page-2. Great News for all:Release Date: 29/07/21 08:46Summary: WE5 Production Test UpdatePrice Sensitive: YesDownload Document. Hancock Energy - Extension of Offer PeriodWGO management have sold out its own shareholders- no ifs, no buts about it. ASX - Short Term Trading. ASX - Day TradingSTX: West Erregulla Update, page-2. . Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. Created with Sketch. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Hopefully, the 40% increase in the reserves changed the bottom to 12. . ASX -. . So what I thought would happen has happened check my post from 2 weeks ago Post #: 64580030 "Now imagine if Beach takes over STX, WGO or NWE cheaply because of no. 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. The $40 million spent represents around 26% of the. Counterproposal from Beach Energy. hardly good terms for WGO if it is indeed what DD said in todays preso. ASX - By Stock. ASX - By Stock. The $40 million spent represents around 26% of the. Created with Sketch. ASX - Day TradingSTX: West Erregulla UpdateShare. it would be easy for STX/WGO to replicate a NWS option. Created with Sketch. However, in this case the Board of WGO (incl. ASX - General. Renewed Hancock Bid for Warrego Energy. There are now 7 (SEVEN) wells that can come on line - Walyering 5/6 CASH imminent. Application for quotation of securities - WGO. . Join the HotCopper ASX share market forum today for free. 2. share. MIN and Gina convert to STX and the three collaborate - most. Join the HotCopper ASX share market forum today for free. ASX - By Stock. 50-1. 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…. Created with Sketch. 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. ASX - Day TradingCreated with Sketch. Not a good outcome for WGO or STX shareholders. ASX - By Stock. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on TORO ENERGY LIMITED. Created with Sketch. Forums. Join the HotCopper ASX share market forum. 5¢ WARREGO ENERGY LIMITED - Charts / Financials. 1% of WGO, page-3. 4. all this will eventually come to a final conclusion and for once its great to be on the right side of the. FMD Tooter - go back to Kindy and learn some maths. . 1. 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. Created with Sketch. Forex. ASX - General. Created with Sketch. ASX - Day Trading. Last updated 15. 681. With Success @WE5 starting the Domino effect of company making. I wanted to start this thread to discuss the difference in valuation between STX and WGO. 39. Charts. Latest Posts. Today wa gas is nearing $7. asx), with an improved bid of $0. 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. Market . Market . . Join the HotCopper ASX share market forum today for free. 7 MILLION SHARES IN CO UPON EXERCISE OF 6. 58KBBecoming a substantial holder for WGOVolume. . Market . Participation from Market Makers. ASX - General. Created with Sketch. Created with Sketch. ASX - Day Trading. Join the HotCopper ASX share market forum today for free. International Markets. Last edited by invertedva: 24/10/22. Created with Sketch. ASX - Day Trading. 0 Great analysis. 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. 5Million bucks i think, and in yr. Created with Sketch. STX SP was 15. Charts. 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. 775 STX share for 1 WGO share. Otherwise it would appear that WGO will be a conglomeration of STX, Hancock, Minres and some as yet unknown entity. 5 cents during the last trading days of WGO including the final 5 shares. ASX - Day TradingCeasing to be a substantial holder from MIN. STX offered 0. ASX - Short. ASX - By Stock. ASX - Day TradingIs that really feasible though. 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. Initially I held STX and had good profit, then I saw the. ASX - By Stock. This really is becoming a JOKE the shareprice drop!!!!!!!!!!!!!!!!!!!!!!!, page-9. This means any transaction should be at a higher multiple of reserves, say $1. ASX - Day Trading. Last updated 15. Advertise on HotCopper. Warrego Commences Matching Rights Process in Beach SID1. 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. In WA prolific Perth Basin the Company holds a 50% interest in EP469, including the West Erregulla gas project, and 100% of EPA-0127. The bids by Min and Hancock have made the market aware of much WGO and STX were undervalued. ASX - Short Term Trading. WGO Price at posting: 18. Also, WGO are going to have to raise capital in the worst. 3mm barrel of condensate). m. Created with Sketch. 7,831,643. Join the HotCopper ASX share market forum today for free. Change in substantial holding for WGO, page-2. ASX - By Stock. 0K:. Created with Sketch. ASX - General. Resignation and Appointment of Company SecretaryHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Created with Sketch. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. . Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. The sell side of both wgo and stx look quite thin compared to what they have been. ASX - Day Trading. HotCopper has news, discussion, prices and market data on HILLGROVE RESOURCES LIMITED. ASX - Day Trading. International Markets. Last updated 11. , page-3. And at some stage ( maybe already) somone will also have to talk to Macquarie Capital. 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. share. ASX - Day Tradingis what the punters are pricing into the S P atm !Hancock Offer - Third Supplementary Target's Statement. Created with Sketch. Hancock Energy Fourth Supplementary Bidder's Statement, page-2. FMD. this will proportional inflate Gina's equity stake in WGO to above 40%, forcing a premium payment for her. VinFast Auto Ltd. WGO Price at posting. 180944. Latest Posts. WGO: Strike's First Supplementary Bidder's Statement, page-3. ASX - Short Term Trading. 20. 5c. ASX - Day TradingJan 5 (Reuters) - Warrego Energy Ltd (WGO) : NOTES ANNOUNCEMENT BY HANCOCK TODAY ANNOUNCEMENT BY HANCOCK OF HIKING OFFER PRICE TO A$0. With information given during the EGM August looks like being a transformational month WGO. Created with Sketch. 0¢. Stokes can. 18919. Share. 211PJ booked reserves for WGO’s share of the in ground gas. Created with Sketch. ASX - By Stock. Australia's largest stock trading and investment forum Australia's #1 stock forumVery comprehensive quarterly out over at STX Gives a great narrative on the timeline for our JV Hope WGO can give us something similiarWarrego Energy Limited is an Australia-based petroleum exploration, development and. 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. Ordinary Shares. Your mob have literally confirmed how cheap we currently are by buying a substantial holding. Created with Sketch. They also didn't sell when the share price touched 15. ASX - By Stock. Last updated 15. Created with Sketch. For more information on VIRGIN RADIO INTERNATIONAL visit: Listen to live radio! 107. Created with Sketch. 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. Latest Posts. At this point, WGO is receiving a big management-risk discount from the market. ASX - Day Trading. Australia's largest stock trading and investment forumWarrego/Beach Energy Scheme Update, page-2. . yet another reason to be looking at STX as a. The purchase has listed the Hancock Group on the ASX. STX: Strike increases ownership of Warrego to 19. Share The Scots cost their loyal followers a lot of money, simply because of their spite for STX. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. That said, if it is still their intent to take out WGO, then it would be logical for them to eventually table the. Latest Posts. Warrego number 4 in Most Discussed in HotCopper , great . Fluid samples and testing indicate pressure levels are highly conducive to conventional reservoir production, and above pre-drill expectations based on previously. ASX - By Stock. 0¢ Sentiment: Hold Disclosure: Not HeldChange in substantial holding for WGOFinal Director's Interest Notice - L Putland. , page-2. 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. Forums. Ceasing to be a substantial holder for WGO WGO: Strike's Second Supplementary Bidder's Statement 1. Target our investor community with our suite of Hotcopper. 1121477. ASX - Day Trading. WGO Price at posting. Post #: 52692430. BPT are the big winners. ASX - Short Term Trading. The AFR is reporting that Min Res has sold to Hancock giving it 50. Created with Sketch. Created with Sketch. anyway among all the speculitive posts and some of them very well contructed . ASX - Day Trading. Created with Sketch. Well things have lit up on the WGO threads. Charts. Forums. News: WGO Warrego Energy Issues 6. The BOD and management have failed in every aspect to promote this company since. ASX - General. 2 STX shares for each WGO share. 2. Commodities. Created with Sketch. Market . 27 Upvote. ASX - By Stock. IPOs. ASX - By Stock. STX reports have lots of pictures of drill rigs etc. ASX - Short Term Trading. 0 Great. . Warrego Energy Limited (WGO, formerly Petrel Energy Limited) is focused on the development of onshore assets in Australia and Spain. Change in substantial holding for WGO. Maybe once we are on the same SP we can all. 0¢ Sentiment: None Disclosure: Held Created with Sketch. ASX - Short Term Trading. . Created with Sketch. 5¢ Sentiment: None Disclosure: Not HeldPlease accept the original offer of 1. 5 beginning December and is now 21. 36/sh on condition that Hancock achieves 40% or more acceptances from WGO. 0¢. 0¢ Sentiment: Hold Disclosure: HeldCreated with Sketch. Change in substantial holding. Latest Posts. Created with Sketch. WGO report is dull looking by comparison, they really need to find a good graphic designer. 105. Guys a while ago there was a research report that talked about the significant value in the Spanish assets. Created with Sketch. 66. 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. ASX - Day TradingWE-5 Commences Clean Up, page-5. $63. 44MM !! (1% of deal value) Lets say WGO has about $24MM in cash at the moment. ASX - Short Term Trading. BPT: Beach not to exercise matching right for WarregoWarrego Farms-out 50% of EPA-127 to Mitsui, page-2. , page-4. 05 May 10:19. WGO Rights Issue 76% Oversubscribed $4. . 0¢. Each would also have a separate HIN or SRN. $3. Rhetoric that WGO holders have been screaming for some time. wgo to decide whether to accept/recommend and stx, to decide whether to improve the terms. $3. 1% INDIRECT INTEREST IN EL ROMERALThey don't talk about what I think is the obvious attraction for Strike, which is the availability of WGO's share of what will surely be, a big reserve of. Just the WGO 2P/2C net component of gas, with my back of envelope, gives a WGO value of about $305MM. . 59pm 22/11/2023 ? HotCopper has news, discussion, prices and market data on AVITA MEDICAL INC. 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. STX holders cannot say otherwise. 0¢. Forums. 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. ASX - General. Created with Sketch. Going on past form, I cannot see WGO accepting the first proposal without some shenanigans. The Hancock Group in their purchase of WGO:ASX have just used the vehicle for listing on the ASX. Bought at 35. 2. 38. . Scenario 2 WGO and STX work together to ensure STX successfully takes over WGO. EP469 being played out :. Join the HotCopper ASX share market forum today for free. ASX - By Stock. ASX - Day TradingThe stock price of petrel looked a lot stronger late in the week. WGO: Strike's First Supplementary Bidder's Statement, page-8. HPPL due to their corporate structure has with an initial Stock offering of 1. ASX - By Stock. ASX - By Stock. . Created with Sketch. 6¢. WGO locked in unless a stronger bid comes in - STX provided a proposal only. Well done WGO management. 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. Forums. Created with Sketch. , page-3. FMD. Warrego has therefore entered into a balancing agreement with partner Strike Energy, whereby it will effectively purchase gas. Scenario 1 - BPT buys WGO on the cheap ($0. 15KB Created with Sketch. 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. 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. 20 - $0. Created with Sketch. Market . 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. Latest Posts. They have options.