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. Created with Sketch. Join the HotCopper ASX share market forum today for free. Latest Posts. WGO: Strike's First Supplementary Bidder's Statement, page-8. . Featured News. Join the HotCopper ASX share market forum today for free. GC holding is 3. WGO Rights Issue 76% Oversubscribed $4. (WGO) stock quote, history, news and other vital information to help you with your stock trading and investing. 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. 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. Australia's largest stock trading and investment forum Australia's #1 stock forumCreated with Sketch. STX reports have lots of pictures of drill rigs etc. Gas shortages in Europe mean that Germans will, in some areas, be enjoying cold showers. 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. So, you can keep some change in your pocket too, kind of script/cash offer. Last updated 15. Energy crises, wars, plans to transition from. Very interesting market open about to happen. News: WGO Mineral Resources Says It Does Not Intend To Make Takeover Bid Or Other Offer For Warrego. Created with. arrow. . . HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 59pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on MINERAL RESOURCES LIMITED. 0¢. This means any transaction should be at a higher multiple of reserves, say $1. ASX - Day Trading. Created with Sketch. 1. In the ‘Milestone Summary Q4/22’, West Erregulla is listed for “Development Decision’. Created with Sketch. 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. 0¢. $64. ASX - By Stock. . ASX - By Stock. H could also provide project funding or straight debt funding to WGO. Created with Sketch. Thats $60MM MORE CASH than the BPT offer ie that equals 25 cents NOT 20 cents. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Created with Sketch. Australia's largest stock trading and investment forumWarrego/Beach Energy Scheme Update, page-2. Reaching up. EP469 being played out :. Join the HotCopper ASX share market forum. ASX - Day Trading. Well done WGO management. Remember MIN have Lockyer Deep which they own 80% with NWE, they don’t need WE gas. 80. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. Charts. ASX - By Stock. 15 -0. Resignation and Appointment of Company SecretaryHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. WGO could learn a bit about selling the sizzle from from STX. 9% of WGO again. The purchase has listed the Hancock Group on the ASX. ASX - Short Term Trading. Created with Sketch. ASX - By Stock. Last updated 11. 64%. Today's announcements demonstrate exactly how cheap WGO was last week at 21c and still is in my opinion. 03c. The $40 million spent represents around 26% of the. WGO Price at posting: 22. For what it's worth I'll be voting no to this scheme. 38. Advertise on HotCopper. Forums. ASX - By Stock. 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. WGO: Strike's First Supplementary Bidder's Statement. Forums. 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 - General. ASX - Day TradingWE-5 Commences Clean Up, page-5. Some people were curious where potentially we are heading. WGO: 25/05/22: Created with Sketch. ASX - Day TradingChange of Director's Interest Notice. ASX - Day Trading. The STX/WGO JV, despite the water chaos theory, has systematically derisked a gas acreage to now be the largest in the Perth Basin. Forums. Scenario 1 - BPT buys WGO on the cheap ($0. Change in substantial holding for WGOWGO: Warrego and Strike align for Joint DevelopmentSTX In Strong Position, Look Through Value Keeps Improving. Still a huge disparity between the Market caps mind you. 2. Hancock Energy has provided a Sixth Supplementary Bidders Statement for their bid on Warrego Energy (WGO. Your mob have literally confirmed how cheap we currently are by buying a substantial holding. Find the latest Winnebago Industries, Inc. Hancock Energy - Extension of Offer PeriodWGO management have sold out its own shareholders- no ifs, no buts about it. . Application for quotation of securities - WGO. Supplementary Bidder's Statement, page-2. STX: Strike's Seventh Supplementary Bidder's StatementAny thoughts on STX flow test announcement. DJPIN. 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. Without WGO's 50%, STX is a less attractive takeover target. The Hancock Group in their purchase of WGO:ASX have just used the vehicle for listing on the ASX. The bids by Min and Hancock have made the market aware of much WGO and STX were undervalued. 6. Created with Sketch. 7 Mln Shares Upon Exercise Of 6. Market . 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. International Markets. 5 beginning December and is now 21. Hancock Energy Fourth Supplementary Bidder's Statement, page-2. ASX - Day Trading WARREGO ENERGY LIMITED (ASX:WGO) - Ann: Warrego/Beach Energy Scheme Update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading. Will STX put out an announcement if the share price starts falling (down today) stating that the bid is no longer superior. 3 Virgin Radio Victoria (CHBE-FM) delivers music, entertainment. I wanted to start this thread to discuss the difference in valuation between STX and WGO. Created with Sketch. Last updated 15. 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. Created with Sketch. Add to my watchlist. . 3 Billion Nett Profit private company. Created with Sketch. 5c. Created with Sketch. ASX - Day Trading. Re WGO disposing of the Spanish assets at mates rates before the takeover settles, this is more plausible and presents a bigger risk IMO. $63. Created with Sketch. hardly good terms for WGO if it is indeed what DD said in todays preso. STX SP was 15. WGO Price at posting: 35. And at some stage ( maybe already) somone will also have to talk to Macquarie Capital. It was the WGO Board that agreed to STX offer subject to any further DD and/or superior offer. Market . This puts pressure on both wgo and stx. Created with Sketch. 0¢ Sentiment: None Disclosure: Held Created with Sketch. 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. International Markets. ASX - By Stock. NSX - General. 59pm 22/11/2023 ? HotCopper has news, discussion, prices and market data on AVITA MEDICAL INC. ASX - By Stock. ASX - By Stock. Latest Posts. 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. Last updated 15. 3 Upvote. ASX - By Stock. How does WGO get to share in SE and Walyering? I thought Walyering was STX and TPD and that SE was 100% STX. 0¢. . HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 7,831,643. Charts. Forums. Latest Posts. 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. . This really is becoming a JOKE the shareprice drop!!!!!!!!!!!!!!!!!!!!!!!, page-9. and graphics of potential plants and plenty of colour and brightness. Post #: 52692430. 21am 17/11/2023 ? HotCopper has news, discussion, prices and market data on CORELLA RESOURCES LTD. For WGO and STX, the known and unknowns on the fields are worth north of 55-60c! WGO Price at posting: 31. Logically WGO is worth the most to STX - they already have 50% of WE and gaining 100% ownership of WE is very advantageous to STX - IMO it's much better than having a 50/50 JV for WE with a replacement partner eg. However, in this case the Board of WGO (incl. Personally. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 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. NSX - General. Just to clarify my own calcs and curiosity, MIN cost of WGO holding is: 200,000,000 cost $69,705,095 = 34. STX holders cannot say otherwise. 27KB: Share: WGO Quarterly Report: 27/10/17: PRICE SENSITIVEfeb 22 (reuters) - warrego energy ltd (wgo) : updates on offer by hancock energy to acquire all shares in warrego energy limited hancock’s holding in. Latest Posts. Advertise on HotCopper. That really p***d me off. Created with Sketch. Charts. That is where the benefit for all non DnD WGO SH sits. They are all responsible for acting in the best. STX tried and failed / out bid by a Billionaire. from memory Mitsui get 50% as long as they cover years 1 and 2 costs for up to 1. Join the HotCopper ASX share market forum today for free. 0. ASX - General. Hopefully, the 40% increase in the reserves changed the bottom to 12. ASX - By Stock. WGO: Strike's First Supplementary Bidder's Statement, page-3. In WA prolific Perth Basin the Company holds a 50% interest in EP469, including the West Erregulla gas project, and 100% of EPA-0127. Advertise. 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). Australia's largest stock trading and investment forum Australia's #1 stock forumChairman's Address and Managing Director's PresentationQuarterly Report and Appendix 5BCreated with Sketch. 85. 10. ASX - Short. 0¢ Sentiment: None Disclosure: Held Created with Sketch. DJPIN. 5¢ Sentiment: None Disclosure: Not HeldNotice under section 708A(5)(e) of the Corporations Act. Mr Anthony John Wyeth. ASX - General. 27 Upvote. Created with Sketch. Charts. WGO touched 11c multiple times recently and they didn't buy any at that price. 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. Quarterly Report and Appendix 5B, page-2. when does the new asx Code come into play I thought it was Monday, page-2. Created with Sketch. ASX - Short Term Trading. 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. Warrego and Alcoa Sign Long Term Gas Sales Agreement, page-4. ASX -. . Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. They also didn't sell when the share price touched 15. Created with Sketch. Share Prices & Charts for WARREGO ENERGY LIMITED. Latest Posts. . Join the HotCopper ASX share market forum today for free. News: WGO Warrego Energy Issues 6. asx), with an improved bid of $0. Market . Charts. ASX - General. ASX - Day Trading. 34. 45pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on ORA BANDA MINING LTD. They bought the second tranche after the Hancock deal was in the public domain. 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. r/VictoriaBC • 9 days ago. Energy crises, wars, plans to transition from. 9¢. 5 mmBOe (350PJ + 0. Share The Scots cost their loyal followers a lot of money, simply because of their spite for STX. MarketWE-4 Flow Test, page-4. . Warrego number 4 in Most Discussed in HotCopper , great . Change in substantial holding. Warrego has therefore entered into a balancing agreement with partner Strike Energy, whereby it will effectively purchase gas. Ordinary Shares. Join the HotCopper ASX share market forum today for free. Forums. Market . ASX - By Stock. Key Points . Warrego high-grades Erregulla Deep Structure in EP 469STX: West Erregulla Update, page-3. Created with Sketch. 775 STX share for 1 WGO share. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. Created with Sketch. . ASX - General. 38KB: Share: WGO Quarterly Report and Appendix 5B: 28/04/22: PRICE SENSITIVE: Created with Sketch. WGO Price at posting: 18. ASX - Day Tradingshare. The $40 million spent represents around 26% of the. 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. STX and WGO were in communication for approx 2 months with respect to an all scrip offer by STX for all WGO shares. Remember MIN have Lockyer Deep which they own 80% with NWE, they don’t need WE gas. WGO locked in unless a stronger bid comes in - STX provided a proposal only. . 10 Upvote. Latest Posts. You gave me a rare win and helped recoup some losses from other dog stocks. Today wa gas is nearing $7. 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. The $40 million spent represents around 26% of the. STX keep their WGO and the three collaborate - possible IMO 3. They got told to bugger off by NWE faithful and all of a sudden the WGO price starts rising again. jan 16 (reuters) - warrego energy ltd (wgo) : it is uncertain that any party will reach 90% threshold required to compulsorily acquire all outstanding. thats a dumb ass spec trade. Created with Sketch. . Created with Sketch. WGO for all intents and purposes is only being recognised for WE. 903234. Created with Sketch. I wonder if good news is not far away,maybe the rig is close to arriving in Uruguay or. 0¢. . Post #: 52692430. 1. Created with Sketch. Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. ASX - Day Trading. 39. , page-6. Great News for all:Release Date: 29/07/21 08:46Summary: WE5 Production Test UpdatePrice Sensitive: YesDownload Document. i love hotcopper . 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. ASX - Short Term Trading. ASX -. WGO: Strike's First Supplementary Bidder's Statement, page-6. 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. ASX - Day TradingCeasing to be a substantial holder from MIN. 26117. 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. 2 Strike shares for. Fluid samples and testing indicate pressure levels are highly conducive to conventional reservoir production, and above pre-drill expectations based on previously. 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. 4. WGO could be 35c today -- only if they have accepted the STX offer of 1. Luckily it isn&apos;t winter. The sell side of both wgo and stx look quite thin compared to what they have been. ASX - Day TradingSTX: West Erregulla Update, page-4. WGO: Strike's Second Supplementary Bidder's Statement, page-2. ASX - General. 2B shares, with a 7. Created with Sketch. Last updated 15. Join the HotCopper ASX share market forum today for free. 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. The purchase of WGO:ASX @ 0. FMD. . 2. Market . Ceasing to be a substantial holder for WGO, page-2. Created with Sketch. Just looking for comment on STX’s announcement. 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. IPOs. ASX - By Stock. Guys a while ago there was a research report that talked about the significant value in the Spanish assets. Created with Sketch. NSX - By Stock. Market . ASX - By Stock. Share With STXs 1:1 offer in the table, we have a scenario where a bidder lobs in a bid for STX at say 50c, making the WGO bid by STX look incredibly attractive to WGO holders. (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. 5 cents during the last trading days of WGO including the final 5 shares. Would be good if STX could have a >50% cohort that will hang in there until the STX/WGO plan materialises. Obviously STX will benefit from the deal, but mostly from a scale and synergies perspective, which has value limits compared to their other opportunities. Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. 9¢. . m. ASX - Day Trading. Hancock Offer - Second Supplementary Target's StatementVolume. 2. There are now 7 (SEVEN) wells that can come on line - Walyering 5/6 CASH imminent. Ceasing to be a substantial holder for WGO, page-2. 36/SHARE, IF. With Success @WE5 starting the Domino effect of company making. Created with Sketch. Forums.