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
I'm trying to imagine how this might happen?Corporate adviser...
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $501.4M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $1.170M | 6.732M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1634397 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 617607 | 7 |
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