Thinking outside the square for a minute, Gina could bid above the current price and gain non operatorship 50% of WE, plus 50% of EP 0127 up North.
OR...
Perhaps Gina comes to a deal with Strike, let's Strike be the highest bidder to T/O Warrego, then a few months later come to a 50/50 JV with Strike for $500-600M for both SE and WE, Haber, EP 0127, Ocean Hill, Walyering etc.
Strike get the cash of $500-600M to carry out their 50% of costs, lots more wells get drilled, Haber gets built with the board/management of Strike running the show for both.
Gina gets huge growth future cashflow for $500-600M, Strike get the cash to carry out their plans, Hancock get gas supply in there somewhere as part of the deal etc. Win all around except for the 2 Scotts who are forced to sell on market (Gina probably picks those shares up cheaply)....
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Thinking outside the square for a minute, Gina could bid above...
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18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $515.7M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 17.5¢ | $2.236M | 12.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1296010 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 68215 | 3 |
View Market Depth
No. | Vol. | Price($) |
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7 | 1296010 | 0.175 |
19 | 2056199 | 0.170 |
24 | 901921 | 0.165 |
35 | 1416126 | 0.160 |
14 | 688929 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 68215 | 3 |
0.185 | 720390 | 6 |
0.190 | 1083423 | 14 |
0.195 | 735087 | 12 |
0.200 | 602191 | 11 |
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