BPT: Beach not to exercise matching right for WarregoWarrego Farms-out 50% of EPA-127 to Mitsui, 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. Latest Posts. 211PJ booked reserves for WGO’s share of the in ground gas. Just the WGO 2P/2C net component of gas, with my back of envelope, gives a WGO value of about $305MM. Commodities. ASX - By Stock. 12. Latest Posts. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Latest Posts. 5 (though we don't quite know how the market will digest the deal), it has an implied value for WGO's. 0¢ Sentiment: None Disclosure: Held Created with Sketch. 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. 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. Resignation and Appointment of Company SecretaryHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 903234. m. WGO. Created with. 0¢. WGO: Strike's First Supplementary Bidder's Statement, page-3. Key Points . 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. It is not reliant on securing WGO share of WE. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. Well done WGO management. WGO could learn a bit about selling the sizzle from from STX. 27 Upvote. share. 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. , page-6. 2B shares, with a 7. ASX - By Stock. Completion of Blue Hydrogen & CSS Project Feasibility StudyS&P DJI Announces March 2022 Quarterly RebalanceGood interview with yiur future CEO, lol investment adv. Created with Sketch. ASX - Short Term Trading. 80. Warrego Commences Matching Rights Process in Beach SID1. Long ways to go yet but if STX wants this then make a fair dinkum offer and stop playing games they can't afford. . 0¢. Last updated 15. When I spoke to Biggs last year he said the lending package was sensitive given the environmental focus with many lenders wanting to keep involvement. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. NEWS Low unemployment and migration keeping Australia afloat, but inflation must subside: CommSecThe market is finally taking some notice of petrels announcement that uruquay samples are showing strong streaming cut fluorescence to my knowledge that. Stx would then have to be trading at over a dollar. Latest Posts. Today's announcements demonstrate exactly how cheap WGO was last week at 21c and still is in my opinion. 1 per PJ Normalised WA Gas environment of $3. Release Date: 05/12/22 08:34; Summary: WGO: Matching Rights Process for revised Hancock Takeover Of; Price Sensitive: Yes; Download Document 156. (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. The purchase of WGO:ASX @ 0. WGO could be 35c today -- only if they have accepted the STX offer of 1. News: WGO UPDATE 1-Hancock Energy's updated $304 million bid for Warrego Energy satisfies minimum. . ASX - Day Tradingshare. ASX - General. Join the HotCopper ASX share market forum today for free. Last edited by Assyrian2: 02/12/22. ASX - Short Term Trading. . 4. A fine example of small man syndrome. ASX - By Stock. 21. Charts. 36 per ordinary share has just followed the normal reverse IPO/listing route. Latest Posts. 6. Join the HotCopper ASX share market forum today for free. 50, take out WGO and then turn your attention to STX and stop faffing around because you'll still have enough left over for a large box of cornflakes, premium full cream milk and a case or two of Penfolds. I am a bit perplexed as to how come STX share price is rocketing away, and WGO is hovering around at 30. 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. . STX holders cannot say otherwise. . Created with Sketch. Share. Participation from Market Makers. And at some stage ( maybe already) somone will also have to talk to Macquarie Capital. ASX - Day Trading. 5c. 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. Any thoughts on STX flow test announcement. ASX - Day TradingSTX: West Erregulla Update, page-4. WGO rejects non-binding indicative proposal from Strike, page-2. Join the HotCopper ASX share market forum today for free. . 25 per share cashseems to me that the powers have driven wgo down to this price and kept it there. 15KB 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. STX: Strike's Seventh Supplementary Bidder's StatementAny thoughts on STX flow test announcement. Created with Sketch. Share From the Bidder’s Statement of Hancock: Strike Energy has pre-emotive rights in WE but not if WGO board recommends another offer. With Success @WE5 starting the Domino effect of company making. 59pm 22/11/2023 ? HotCopper has news, discussion, prices and market data on AVITA MEDICAL INC. Created with Sketch. 21am 17/11/2023 ? HotCopper has news, discussion, prices and market data on CORELLA RESOURCES LTD. 2. IPOs. Your mob have literally confirmed how cheap we currently are by buying a substantial holding. Post #: 52692430. Still a huge disparity between the Market caps mind you. Advertise on HotCopper. Created with Sketch. ASX - Day TradingChange of Director's Interest Notice. 2 STX shares for each WGO share. . News: WGO Mineral Resources Says It Does Not Intend To Make Takeover Bid Or Other Offer For Warrego. This really is becoming a JOKE the shareprice drop!!!!!!!!!!!!!!!!!!!!!!!, page-9. enjoy the ride fellow investors , we don't. 0¢ Sentiment: None Disclosure: Held. WGO tried for years to sell the Spanish assets but couldn't. and MIN is buying STX on market… At the end, they build an up to 19. They got told to bugger off by NWE faithful and all of a sudden the WGO price starts rising again. Charts. 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. Fluid samples and testing indicate pressure levels are highly conducive to conventional reservoir production, and above pre-drill expectations based on previously. ASX - Day TradingSTX: West Erregulla UpdateShare. Created with Sketch. 85. . I wanted to start this thread to discuss the difference in valuation between STX and WGO. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. 105. 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. Forums. WGO touched 11c multiple times recently and they didn't buy any at that price. Assuming the worst case scenario whereby none of our 3P or 2C actually converts to 2P, our 2P reserves is c. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. looks like WGO could be on a similar SP to STX soon. International Markets. Charts. ASX - By Stock. So, you can keep some change in your pocket too, kind of script/cash offer. Target our investor community with our suite of Hotcopper Advertising opportunities. Also, WGO are going to have to raise capital in the worst. Bought at 35. Become a member of Australia's largest investment discussion forum. 8¢. How the board can say it's in the best interest of shareholders to take the money. Market . FMD. 0. 1% of WGO, page-2. WGO board should take notice of SN from STX incentives withdrawal today and act in the same manner. 5Million bucks i think, and in yr. , page-3. 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: Strike's Second Supplementary Bidder's Statement, page-2. , page-3. Forums. 1. How does WGO get to share in SE and Walyering? I thought Walyering was STX and TPD and that SE was 100% STX. Market . 28 PER. Warrego Energy Limited (WGO, formerly Petrel Energy Limited) is focused on the development of onshore assets in Australia and Spain. STX: Wagina Gas Discovery, page-2. 3 Virgin Radio Victoria (CHBE-FM) delivers music, entertainment. 10. Created with Sketch. 846 STX share for 1 WGO share. ASX - Short Term Trading. Not a good outcome for WGO or STX shareholders. 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. 50. . Join the HotCopper ASX share market forum today for. 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. 58. Created with Sketch. SO WGO will need to fund-raise - usually by a CR. For more information on VIRGIN RADIO INTERNATIONAL visit: Listen to live radio! 107. STX tried and failed / out bid by a Billionaire. 0 Great. Lets just all accept the outcomes like business people and move on. Latest Posts. ASX - By Stock. Forums. 1. DJPIN. Add to my watchlist. 45pm 20/11/2023 ? HotCopper has news, discussion, prices and market data on ORA BANDA MINING LTD. WGO Price at posting: 18. They are all responsible for acting in the best. HotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. 3mm barrel of condensate). ASX - Short Term Trading. Ceasing to be a substantial holder for WGO, page-2. I wonder if good news is not far away,maybe the rig is close to arriving in Uruguay or. Created with Sketch. They are all responsible for acting in the best. Forums. 1227100. The $40 million spent represents around 26% of the. 3 Upvote. Charts. . 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. 0K:. Mr Anthony John Wyeth. ASX - Day TradingWarrego and Strike align for Joint DevelopmentIt could be that this causes a fast-track opportunity for WGO in Spain. WGO: Strike's First Supplementary Bidder's Statement. Market . For WGO and STX, the known and unknowns on the fields are worth north of 55-60c! WGO Price at posting: 31. Created with Sketch. 85c each 34,767,298 cost $13,570,195 = 39. ASX - Short Term Trading. Created with Sketch. Forums. . It was the WGO Board that agreed to STX offer subject to any further DD and/or superior offer. 27 Upvote. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. 20 - $0. Advertise on HotCopper. 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. ASX - General. asx), with an improved bid of $0. Created with Sketch. . but STX could use some of their uncontracted gas for it if they want. They bought the second tranche after the Hancock deal was in the public domain. r/VictoriaBC • 9 days ago. 9¢. thats a dumb ass spec trade. ASX - General. this will proportional inflate Gina's equity stake in WGO to above 40%, forcing a premium payment for her. ASX - By Stock. 86% - thats a meaningful number in a tight contest. 59pm 24/11/2023 ? HotCopper has news, discussion, prices and market data on GOODMAN GROUP. Latest Posts. 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. Scenario 1 - BPT buys WGO on the cheap ($0. I find the b*tching about one or other stock bizarre and ultimately self defeating. ASX - Day TradingHotCopper has news, discussion, prices and market data on WARREGO ENERGY LIMITED. WGO. WGO sho apply to the ASX for a change in its listing code from WHO to CLO - the Company of Lost Opportunity. MIN and Gina convert to STX and the three collaborate - most. . 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. 0. You gave me a rare win and helped recoup some losses from other dog stocks. 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. ASX - Short Term Trading. ASX - Short Term Trading. 3 Mitsui can take operatorship. The $40 million spent represents around 26% of the. View More. Quarterly Report and Appendix 5B, page-2. Created with Sketch. . Created with Sketch. Last updated 15. . 4. Just looking for comment on STX’s announcement. 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. yes agree its good to have a recognised partner, but the terms were pretty ordinary for WGO shareholders. , page-4. We are range bound for now. 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. ASX - Day Trading. Change in substantial holdingCurious as to how many of you like me hold both WGO and STX. Created with Sketch. 1121477. That really p***d me off. Last updated 15. 5 cents with phase one valued at 29c with certified reserves with upside add in 50m in cash and Spanish assets. STX SP was 15. 10 Upvote. . 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). Created with Sketch. ASX -. Application for quotation of securities - WGO. 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. it would be easy for STX/WGO to replicate a NWS option. Commodities. With information given during the EGM August looks like being a transformational month WGO. WGO: Strike's First Supplementary Bidder's Statement, page-6. Created with Sketch. That is where the benefit for all non DnD WGO SH sits. . ASX - Day TradingCreated with Sketch. WGO board should take notice of SN from STX incentives withdrawal today and act in the same manner. STX reports have lots of pictures of drill rigs etc. . Typical transactions are $1 to $1. 03c. Forums. when prl become wgo before they even did their first drill wgo was . Latest Posts. If no other suitor is forthcoming (and I doubt there is), WGO shareholders are stuck between a rock and a hard place. HotCopper is Australia's largest free and independent stock market trading forum for ASX share prices & stock market discussions. Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. arrow. ASX - Day Trading. . . 0 Great analysis. West Erregulla Resource Update, page-2. Created with Sketch. , page-3. STX: West Erregulla Update, page-2. ASX - Day Trading. Forums. Forums. WGO: Counterproposal from Beach Energy. International Markets. Personally. HPPL due to their corporate structure has with an initial Stock offering of 1. Glad you dont manage my portfolio. 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. The purchase has listed the Hancock Group on the ASX. ASX - By Stock. ASX - General. Target's Statement in response to Hancock OfferChange in substantial holding for WGO. Should Perth Basin gas be sold as LNG, then we would expect the LNG netback price to become the new threshold for any future uncontracted domestic gas by 2023,. They bought the second tranche after the Hancock deal was in the public domain. Target our investor community with our suite of Hotcopper Advertising. WGO Price at posting: 35. And at some stage ( maybe already) somone will also have to talk to Macquarie Capital. Market . STX SP was 15. Ironically, the best way for both Donald and Duncan to maximise their own wealth might be to step away from running the company. 44MM !! (1% of deal value) Lets say WGO has about $24MM in cash at the moment. If no other suitor is forthcoming (and I doubt there is), WGO shareholders are stuck between a rock and a hard place. Created with Sketch. Latest Posts. Strike and Regal bought around $40 million worth of WGO shares at an average share price of above 20c. when does the new asx Code come into play I thought it was Monday, page-2. Market . Created with Sketch. Forums. . 20. , page-3. TIL: Matthew Shwabe, Asst. The $40 million spent represents around 26% of the. Share. Energy crises, wars, plans to transition from. 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. 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. 10. 57m Funding Secured: 01/11/17: Created with Sketch. There is enough gas at SE for Haber to go ahead. Seems to me that the relationship between WGO and STX has always been less than harmonious and an uneasy relationship at best. $3. 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. WGO could learn a bit about selling the sizzle from from STX. WGO board recommending that shareholders take 20 cents per share. Join the HotCopper ASX share market forum today for free. This really is becoming a JOKE the shareprice drop!!!!!!!!!!!!!!!!!!!!!!!, page-10. Absolutely crazy. 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. 1. Warrego Energy Limited (WGO) - Substantial onshore Australian gas opportunity Warrego Energy (WGO) is an oil and gas company with a focus on onshore. 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. Just to clarify my own calcs and curiosity, MIN cost of WGO holding is: 200,000,000 cost $69,705,095 = 34. ASX - Day Trading. ASX - By Stock. ASX - Day TradingWGO: Proposed competing takeover offer from Strike. Market . ASX - Day TradingCeasing to be a substantial holder from MIN. ASX - Day Trading. Latest Posts. SP should be 20c at. Rhetoric that WGO holders have been screaming for some time. . Target our investor community with our suite of Hotcopper. WGO: Strike's Second Supplementary Bidder's Statement, page-2. 84 -4. Hancock Energy - Extension of Offer Period WGO management have sold out its own shareholders- no ifs, no buts about it. 26. Maybe once we are on the same SP we can all.