WGO warrego energy limited

Ann: STX: Strike's Seventh Supplementary Bidder's Statement, page-4

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    so that will give Hancock about 78% of WGO.
    I think all the big s/h have accepted into H bid?

    Those left will be:
    - the hedge funds which surely must hold a significant portion of register
    - smaller retail holders.

    One can bet H will get to 80% - maybe 85%.
    But if the bulk of retail shareholders hold the same view as people here on HC, I cannot see H getting to the magical figure of 90%.
    Getting to the Compulsory Acquisition level would be paramount for H. All sorts of benefits to H in owning 100% of WGO, rather than 85%.
    Last edited by jake0002: 08/02/23
 
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