10. WGO locked in unless a stronger bid comes in - STX provided a proposal only. Ceasing to be a substantial holder for WGO WGO: Strike's Second Supplementary Bidder's Statement 1. Today's announcements demonstrate exactly how cheap WGO was last week at 21c and still is in my opinion. ASX - By Stock. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on TORO ENERGY LIMITED. Just looking for comment on STX’s announcement. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Ordinary Shares. 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. 4. Forums. WGO Price at posting: 18. Any thoughts on STX flow test announcement. Hancock's 10th Supplementary Bidder's Statement, page-2. Your mob have literally confirmed how cheap we currently are by buying a substantial holding. 15KB Created with Sketch. Warrego Commences Matching Rights Process in Beach SID1. 0¢ Sentiment: None Disclosure: Held Created with Sketch. Quarterly Report and Appendix 5B, page-2. ASX - Day Tradingis what the punters are pricing into the S P atm !Hancock Offer - Third Supplementary Target's Statement. 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. Participation from Market Makers. 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. WGO rejects non-binding indicative proposal from Strike, page-2. I would quite like to see my shareholding increase in value by 60% without doing. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. 0¢ Sentiment: Hold Disclosure: HeldCreated with Sketch. 2. 10 Upvote. Latest Posts. HPPL due to their corporate structure has with an initial Stock offering of 1. WGO could learn a bit about selling the sizzle from from STX. There are now 7 (SEVEN) wells that can come on line - Walyering 5/6 CASH imminent. keen to see how WGO differs on its interpretation, page-2. conservatively Wgo MC should be beyond $240m ($211m + cash). 1121477. 2B shares, with a 7. It is Haber not Harber 3. Created with Sketch. Bought at 35. Forex. All the latest Warrego Energy Limited (ASX:WGO) share price movements, news, expert commentary and investing advice. 21am 17/11/2023 ? HotCopper has news, discussion, prices and market data on CORELLA RESOURCES LTD. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. 3 Upvote. ASX - Day TradingCreated with Sketch. Australia's largest stock trading and investment forumWarrego/Beach Energy Scheme Update, page-2. Charts. Manager and son of Red Barn owner Sam Shwabe, filmed child pornography of his employees by installing cameras in. 20 - $0. Warrego Energy Limited (WGO) - Wireline logs confirm WE-5 potential The West Erregulla JV (STX 50% and Operator, WGO 50%) have completed wireline testing of West Erregulla-5 (WE-5). They got told to bugger off by NWE faithful and all of a sudden the WGO price starts rising again. but STX could use some of their uncontracted gas for it if they want. This really is becoming a JOKE the shareprice drop!!!!!!!!!!!!!!!!!!!!!!!, page-9. ASX - Day Trading. 7,831,643. For more information on VIRGIN RADIO INTERNATIONAL visit: Listen to live radio! 107. 1121477. 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. Renewed Hancock Bid for Warrego Energy. ASX - General. ASX - By Stock. 44MM !! (1% of deal value) Lets say WGO has about $24MM in cash at the moment. They are all responsible for acting in the best. Join the HotCopper ASX share market forum today for free. Thats $60MM MORE CASH than the BPT offer ie that equals 25 cents NOT 20 cents. It is not reliant on securing WGO share of WE. . . ASX - By Stock. Forums. DJPIN. ASX - By Stock. Target. Chairman's Address and Managing Director's PresentationVolume. . 5¢ WARREGO ENERGY LIMITED - Charts / Financials. . NSX - By Stock. I wanted to start this thread to discuss the difference in valuation between STX and WGO. (WGO) stock quote, history, news and other vital information to help you with your stock trading and investing. ASX - By Stock. Created with Sketch. . The purchase has listed the Hancock Group on the ASX. ASX - General. Key Points . $3. thats a dumb ass spec trade. The BOD and management have failed in every aspect to promote this company since. . 0¢. Created with Sketch. 64%. 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. They have options. 5m for no reason other than incompetent negotiations. Becoming a substantial holder for WGO, page-3. Created with Sketch. Forums. In this episode Peter Strachan takes a deep dive into the world of fertilisers. 66. 86% - thats a meaningful number in a tight contest. 0¢. 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 - By Stock. Charts. Hopefully, the 40% increase in the reserves changed the bottom to 12. Rhetoric that WGO holders have been screaming for some time. Timeline. The purchase of WGO:ASX @ 0. Market . STX offered 0. Last edited by invertedva: 24/10/22. 673011. Created with Sketch. ASX - By Stock. Can I suggest 0. 21. The purchase of WGO:ASX @ 0. Created with Sketch. 0¢. 903234. 58. r/VictoriaBC • 9 days ago. Latest Posts. PRL 6 MONTH DAILY. 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. 3mm barrel of condensate). 1. ASX - Day Trading. ASX - By Stock. . Join the HotCopper ASX share market forum today for free. 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 more in additional funds. WGO: Strike's Second Supplementary Bidder's Statement, page-2. Share Prices & Charts for WARREGO ENERGY LIMITED. wgo to decide whether to accept/recommend and stx, to decide whether to improve the terms. 2B shares, with a 7. . ASX - Day TradingChange of Director's Interest Notice. 23:27. Remember MIN have Lockyer Deep which they own 80% with NWE, they don’t need WE gas. 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. ASX - By Stock. 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. Join the HotCopper ASX share market forum today for free. yes agree its good to have a recognised partner, but the terms were pretty ordinary for WGO shareholders. Created with Sketch. ASX - Day TradingWarrego and Strike align for Joint DevelopmentIt could be that this causes a fast-track opportunity for WGO in Spain. 7 MILLION UNLISTED OPTIONS, EXERCISABLE AT A$0. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 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. Created with Sketch. Latest Posts. Re WGO disposing of the Spanish assets at mates rates before the takeover settles, this is more plausible and presents a bigger risk IMO. This puts pressure on both wgo and stx. Change in substantial holding for WGO, page-2. $64. ASX - Day TradingSTX: West Erregulla UpdateShare. STX keep their WGO and the three collaborate - possible IMO 3. Featured News. 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. Scenario 2 WGO and STX work together to ensure STX successfully takes over WGO. ASX - Day Trading. ASX - By Stock. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on TORO ENERGY LIMITED. from memory Mitsui get 50% as long as they cover years 1 and 2 costs for up to 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. At present, WGO board (DnD) is conducting a "fire sale" and getting fire sale prices. If no other suitor is forthcoming (and I doubt there is), WGO shareholders are stuck between a rock and a hard place. $64. Forex. Ceasing to be a substantial holder for WGO, page-2. 58KBBecoming a substantial holder for WGOVolume. 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. . 25), STX position then weakened as they cannot obtain 100% of WE, BPT then take over STX on the cheap. . m. Created with Sketch. ASX - General. Join the HotCopper ASX share market forum today for free. Market . 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 - General. Assuming the worst case scenario whereby none of our 3P or 2C actually converts to 2P, our 2P reserves is c. Hancock Energy - Extension of Offer PeriodWGO management have sold out its own shareholders- no ifs, no buts about it. ASX - By Stock. 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. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. Advertise on HotCopper. STX tried and failed / out bid by a Billionaire. Forums. 20. Personally. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Gina has an eye for huge potential at a bargain price - nothing could highlight WGO's true value more potently than a low ball bid from Gina. Really, who knows what could happen, even now. ASX - By Stock. Today's announcements demonstrate exactly how cheap WGO was last week at 21c and still is in my opinion. ASX - Day Trading. 27 Upvote. 25), STX position then weakened as they cannot obtain 100% of WE, BPT then take over STX on the cheap. 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. ASX - By Stock. 0. Market . ASX - Day TradingDec 17 (Reuters) - Warrego Energy Ltd (WGO) : AGREED TO ACQUIRE A MINIMUM 50. Created with Sketch. 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 . Is it possible that STX and WGO are throwing a cat amongst the pigeons to stimulate a reaction from one of the other parties, eg BPT, Regal etc. Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. Commodities. BPT are the big winners. Forums. Scenario 2 WGO and STX work together to ensure STX successfully takes over WGO. ASX - By Stock. 2. ASX - Short Term Trading. Charts. the whole thing started with a very low bar of them accepting 20c and selling it as a great offer. 84 -4. ——-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. 1. In Spain, the Company holds an 85% working interest in the Tesorillo gas. Just the WGO 2P/2C net component of gas, with my back of envelope, gives a WGO value of about $305MM. Anyone have any sort of prospective cashflow EBITDA forecasts from development for WGO and can discount at 10,12. Assuming the worst case scenario whereby none of our 3P or 2C actually converts to 2P, our 2P reserves is c. WGO is getting interesting now. 0¢. Latest Posts. 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. Created with Sketch. ASX - By Stock. With information given during the EGM August looks like being a transformational month WGO. ASX - By Stock. And at some stage ( maybe already) somone will also have to talk to Macquarie Capital. 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 their commitment? WGO: Strike's First Supplementary Bidder's Statement, page-6. 36/sh on condition that Hancock achieves 40% or more acceptances from WGO. Last updated 15. Stx would then have to be trading at over a dollar. Join the HotCopper ASX share market forum today for free. Share The Scots cost their loyal followers a lot of money, simply because of their spite for STX. . 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. Scenario 1 - BPT buys WGO on the cheap ($0. 10. . Created with. 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. Forums. WGO: Strike's First Supplementary Bidder's Statement, page-3. Commodities. Because Hancock has no WGO shares, and BPT has no WGO shares (yet). . 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. 4% of WGO MR's is 1. Created with Sketch. Created with Sketch. Forex. . Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. Market . WGO: Strike's First Supplementary Bidder's Statement, page-8. ASX - By Stock. 5¢ Sentiment: None Disclosure: Not HeldNotice under section 708A(5)(e) of the Corporations Act. Created with Sketch. I find the b*tching about one or other stock bizarre and ultimately self defeating. Join the HotCopper ASX share market forum today for free. ASX - Short Term Trading. . 5 cents during the last trading days of WGO including the final 5 shares. 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. 23:27. 27 Upvote. God showed Pastor Todd Smith a vision of flames on top of the baptistry waters at Christ Fellowship Church in Dawsonville, GA. . 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. ASX - By Stock. MIN and Gina convert to STX and the three collaborate -. Become a member of Australia's largest investment discussion forum. ASX - Day Trading. m. 58. Created with Sketch. Each would also have a separate HIN or SRN. International Markets. . 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. View More. 26. Join the HotCopper ASX share market forum today for free. Forums. 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. Join the HotCopper ASX share market forum today for free. 5Million bucks i think, and in yr. MarketEGM PresentationWGO gas is also contracted. Latest Posts. 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. Latest Posts. ASX - By Stock. Australia's largest stock trading and investment forum Australia's #1 stock forumCreated with Sketch. WGO: Strike's Second Supplementary Bidder's Statement, page-2. 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. Lets just all accept the outcomes like business people and move on. Created with Sketch. STX: Wagina Gas Discovery, page-2. . Join the HotCopper ASX share market forum today for free. But, you should stop thinking they need this deal to get Haber over the. Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. , page-5. 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. 5c. Change in substantial holding. 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. Typical transactions are $1 to $1. Market . 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. Charts. Created with Sketch. International Markets. Some people were curious where potentially we are heading. hardly good terms for WGO if it is indeed what DD said in todays preso. 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. STX SP was 15. Latest Posts. Charts. Market . Created with Sketch. ASX - By Stock. ASX - By Stock. HotCopper is Australia's largest free and independent stock market trading forum for ASX share prices & stock market discussions. Join the HotCopper ASX share market forum today for. . In market cap terms (assuming no additional shares on issue) we wgo will be (666 million and strike 1,680 million). Advertise. Surprised there is no mention of yesterdays news Beach locking in a sales agreement to sell more of their Watsia gas to BP LNG on this threadIn my eyes. Warrego Energy Limited (WGO, formerly Petrel Energy Limited) is focused on the development of onshore assets in Australia and Spain. arrow. Also, WGO are going to have to raise capital in the worst. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Created with Sketch. . WGO: Strike's First Supplementary Bidder's Statement, page-8. Latest Posts. 3 Billion Nett Profit private company. ASX - Day Trading. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. Currently unlisted. ASX - By Stock. View dividend history, insider trades and ASX analyst consensus. Created with Sketch. 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. ASX - Day TradingWE-5 Commences Clean Up, page-5. ASX - Day TradingHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. ASX - By Stock. Created with Sketch. , page-3. 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. 5 beginning December and is now 21. Last updated 11. ASX - Day TradingWGO: Proposed competing takeover offer from Strike. A fine example of small man syndrome. Created with Sketch. 36 per ordinary share has. ASX - Day TradingCreated with Sketch. . . 1. Warrego enters into Scheme Implementation Deed with Beach, page-5. Initially I held STX and had good profit, then I saw the. 16: Created with Sketch. WGO Price at posting. 2 Strike shares for. ASX - By Stock.