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WGO warrego energy limited

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35.5¢

Ann: STX: Strike's Seventh Supplementary Bidder's Statement, page-6

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Cherry7

4,184 Posts.

315

08/02/23

13:05

Post #: 66134774
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Originally posted by jake0002: ↑

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%.

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"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"

LOL

WGO Price at posting: 36.0¢ Sentiment: Sell Disclosure: Held
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0 Great analysis

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Ann: STX: Strike's Seventh Supplementary Bidder's Statement, page-6

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