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21.3¢ strike energy limited

Ann: WGO: Strike's First Supplementary Bidder's Statement, page-45

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Cherry7

3,450 Posts.

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03/01/23

10:30

Post #: 65505578
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Originally posted by Base1864: ↑

I am going to be 100% honest and say that I do not understand any of what is happening. Or more so what happens after the dust settles.

As I see it, it will finish with STX owning a large percentage, lets just say 60 as a figure, Gina 30 and then there is potentially a bunch of people who are not obliged to take either. Lets call it 10%.

So, in the above, to the best of my understanding we end up with STX, HPL & WGO (still), now controlled by STX and HPL. So can anyone explain how WGO operates at this point? We need to pay double the director fees, ASX registration etc, so that it still runs as a publicly listed company? Am I correct in this?

I would be insane to not take the STX offer, I wish I knew how to, but what happens if I did nothing?

I only ask because I don't understand how this future now works. Where do those scottish twits fit into all of this? They are selling their shares, but not the company right, so does that still keep them as directors?

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you need a lot of help how did you become involved in the stockmarket ?

STX Price at posting: 31.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 21.3¢		Change 0.003(1.19%)		Mkt cap ! $600.7M

Open	High	Low	Value	Volume
21.0¢	21.3¢	21.0¢	$332.9K	1.585M

Buyers (Bids)

No.	Vol.	Price($)
25	735602	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	1371981	17

View Market Depth

No.	Vol.	Price($)
1	157460	0.240
3	476488	0.235
6	67140	0.220
3	85000	0.215
36	1437991	0.210

Price($)	Vol.	No.
0.185	209479	10
0.190	39244	1
0.200	96151	3
0.205	247319	8
0.210	483175	9

Last trade - 10.13am 18/07/2024 (20 minute delay)

STX (ASX) Chart