WGO warrego energy limited
Add to My Watchlist 0.00% ! 35.5¢

Ann: Change in substantial holding, page-103

  1. BlueSeal
    282 Posts.
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    04/01/23
    23:04
    Post #: 65534929
    WGO does not have to be controlled!

    STX WE-share 50% + operatorship
    STX WGO-share +30% (without REGAL)

    STX WE-share = 65-70% - right now ! AND with a stake of +30% in WGO, there is no chance for MIN/Hancook to squeeze out STX, even if they work together and would like too...

    Finally, MIN/Hancook are paying a lot of cash for a small stake in a company without any control of the main Prospect (remember, STX is operator of WE)

    WGO is just a sideshow! DYOR
    WGO Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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