WGO will go first. It is a much more know quantity at this point. Any company willing to drop $300-$500 million on an acquisition needs to have some certainty about potential 2P reserves etc in order to justify the acquisition to their own shareholders.
Strike is a much larger morsel to digest. And the upside provided by SE is also far more uncertain. I doubt an potential acquirer could provide STX shareholders with enough of a premium (>~$1 billion) to get us to accept an offer prior to SE being drilled, whilst also meeting the requirements of due diligence for their own shareholders.
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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $644.7M |
Open | High | Low | Value | Volume |
22.0¢ | 23.0¢ | 22.0¢ | $1.056M | 4.706M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 262128 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 3834531 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 262128 | 0.225 |
11 | 1801129 | 0.220 |
22 | 1768364 | 0.215 |
30 | 1432635 | 0.210 |
13 | 804634 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 3834531 | 37 |
0.235 | 3080195 | 24 |
0.240 | 3294506 | 21 |
0.245 | 1454563 | 23 |
0.250 | 3412969 | 31 |
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