I'm trying to imagine how this might happen?
Corporate adviser working on two things at once.
Scenario 1: Has a brain fart and types "Strike Energy" into google to find ABN.
Scenario 2: Has pre-existing documentation for a Strike offer, cuts-and-pastes existing document into NWE document, copies and replaces "Strike" with "Norwest," and forgets to go back and up-date the Strike ABN (I would do this sort of thing).
Pure speculation, but maybe Beach put a spanner in Gina and Ellison's plans, forcing Gina to make a hasty bid for WGO. MIN will now wait for share price to settle before making a bid for STX.
Easy to read too much into this sort of thing, but this sort of mistake can't be pure coincidence.
Interestingly, G&T acted on behalf of Beach in the Lattice acquisition
https://www.gtlaw.com.au/news/gt-advises-beach-energy-successful-completion-1585-billion-acquisition-lattice-energy
Will be interesting if MIN update their offer documentation given its a clear mistake
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- Ann: WGO: Strike's First Supplementary Bidder's Statement
Ann: WGO: Strike's First Supplementary Bidder's Statement, page-82
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $616.0M |
Open | High | Low | Value | Volume |
22.0¢ | 22.5¢ | 21.0¢ | $4.542M | 20.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 343465 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 563407 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 343465 | 0.215 |
11 | 966575 | 0.210 |
16 | 1114535 | 0.205 |
16 | 1600122 | 0.200 |
20 | 1202513 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 563407 | 9 |
0.225 | 2088301 | 16 |
0.230 | 1977058 | 23 |
0.235 | 680357 | 15 |
0.240 | 2370819 | 20 |
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