STX 8.11% 20.0¢ strike energy limited

Ann: Strike Takeover Offer for UIL Energy, page-108

  1. 5,348 Posts.
    lightbulb Created with Sketch. 2642
    Another explanation is that they were waiting for Warrego to fall over and would then pick up the EP469 for nothing. STX management saw the potential and jumped the queue.

    IMO
 
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