Its an interesting situation as the wgo board still needs to recommend which they believe is the superior offer. I've not often seen such a situation where there isn't a clear winner yet and it may end up with half people going for cash and the other half of holders accepting STX script. Has anyone seen such a situation as they are both off market offers. If this happens then STX in theory should get to more that 50% in WGO as they only need 30% more and already have 16% commuting
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- Ann: Hancock Energy Fourth Supplementary Bidder's Statement
Ann: Hancock Energy Fourth Supplementary Bidder's Statement, page-15
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