"STX - STRIKE ENERGY LIMITEDStrike Energy Announces Takeover Offer for Warrego19/12/2022 10:04AM Strike Energy announced the Company's intention to make an off-market takeover bid to acquire all of the outstanding Warrego Shares for 1 new Company share for each Warrego share. The implied offer price is 33.5 cents per Warrego share based on the Company's last closing price which represents a 19.6% premium to Hancock's proposal and a 61.8% premium to Warrego's undisturbed price. The Company has a relevant interest in 19.9% of the Warrego Shares and has received statements of intention to accept its proposed offer from Warrego shareholders holding a further 13% of the Warrego Shares, in the absence of a higher proposal."
WGO Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
