WGO 0.00% 35.5¢ warrego energy limited

I reckon that notice says more than it appears. One can see that...

  1. 8,597 Posts.
    lightbulb Created with Sketch. 2850
    I reckon that notice says more than it appears.

    One can see that Hancock's holding is STATIC - ie only 26.17%.

    Thus IMHO, it confirms again, that there has been no further acceptances into the H bid.

    I thought that the Acceptance Facility would be popular with the bigger shareholders left on the WGO register - but it appears not??!!

    I am pretty sure that H must announce any acceptances utilising the Acceptance Facility?

    and IF that is in fact the case, then there is no way the H bid will get anywhere near the 40% level - unless either MIN or STX sell into the H bid.

    If the remaining s/h are not accepting into the H bid, it narrows the path - ie either accept the STX bid, do nothing and remain a s/h in WGO, or sell on-mkt.
    Last edited by jake0002: 23/01/23
 
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