Ann: Hancock Energy - Notice of Status of Defeating Conditions, page-8

Those pip traders would be selling at a loss if they get 36 cents, let alone 28 cents. Have to think they are buying primarily to convert to STX.
Also, Gina may reconcile herself with a strategic stake. In fact, she has an economic incentive to do so now. If she’s not going to get control of WGO, why pay top dollar (like MIN).
It will delicious if the Scotsmen only get 28 cents