Nov 11 (Reuters) - Warrego Energy Ltd (WGO) :
- RECEIPT OF NON-BINDING AND INDICATIVE PROPOSAL
- RECEIVED A NON-BINDING INDICATIVE OFFER FROM BEACH ENERGY LIMITED
- PROPOSAL FOR CASH CONSIDERATION OF A$0.20 PER SHARE
- WARREGO BOARD CONSIDERS PROPOSAL IS AT A SUFFICIENT LEVEL TO MERIT FURTHER REVIEW
- HAS DETERMINED TO GRANT DUE DILIGENCE ACCESS TO BEACH
- AS PART OF PROPOSAL, BEACH WOULD BE REQUIRED TO USE REASONABLE ENDEAVOURS TO MARKET & SELL SPANISH ASSETS
- IF SALE OF SPANISH ASSETS COMPLETED WITHIN 12 MONTHS, BEACH TO PAY PROCEEDS OF SALE TO CO ALONG WITH CONSIDERATION UNDER SCHEME
News: BPT Warrego Energy Receives Non-Binding Indicative Offer From Beach Energy
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Last
$1.18 |
Change
-0.040(3.29%) |
Mkt cap ! $2.680B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.21 | $1.17 | $8.039M | 6.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 573792 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 45241 | 2 |
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| BPT (ASX) Chart |