Ann: MIN: Shareholding in Warrego Energy Limited, page-4

Absolute classic - MinRes say they are of the opinion that prices in the Perth Basin are over inflated, yet they do the following:
1. Buy WGO shares up to prices that are higher than prices that were traded today. (Most recent substantial shareholder notice confirmed an average purchase price just over 39 cents per share).
2. They are trying to buy out NWE, also in the Perth Basin, and the NWE board has said NO WAY GO AWAY.