STX 5.00% 19.0¢ strike energy limited

yep, WGO has roughly 50% of the number of issued shares as does...

  1. 8,589 Posts.
    lightbulb Created with Sketch. 2848
    yep, WGO has roughly 50% of the number of issued shares as does STX. So an acquirer of WGO and STX would have to acquire roughly say 1.5x the number of STX shares at say that 60c price.
    But of course, when they pay for those extra WGO shares (which would be converted into STX shares) the acquirer would be gaining the assets of WGO, and benefit from all the synergies involved.
 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
-0.010(5.00%)
Mkt cap ! $551.5M
Open High Low Value Volume
19.5¢ 19.8¢ 18.5¢ $2.117M 11.02M

Buyers (Bids)

No. Vol. Price($)
60 1500015 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 2141003 59
View Market Depth
Last trade - 14.58pm 28/08/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.