interesting discussing other potential suitors for WGO STO announced to market WA has reserves are depleting Min have gas as one of four pillars and aggregating WGO and maybe WE LT may be an option. One of the few that can acquire both easily STX really needs to move if it believes in the WE acreage upside and can only win with a little aggression. I agree with BarneyW light weights all round , especially if they think these motherhood statements about WGO potential are going to sway WGO shareholders. The only way I see STX winning is via a solid offfer accompanied by downside protection . Unlike the others STx doesn’t have cash so there only option is to meaningfully lift the conversion to .95 min and probably 1
WGO Price at posting:
22.3¢ Sentiment: Buy Disclosure: Held
