It’s clear they are not working together on WGO.
MIN have purchased a minimum of 15% of WGO at 3 cents.
After this happens Gina has offered 36 cents. This clearly shows they are not working together. If Gina knew this would happen she would have offered a higher price to secure Regal’s and say Nero’s shares.
All parties (Gina, Min and STX) will work together at the end of this because it is in their interests to do so.
They are commercial business people unlike D&D who wanted to be the most important people in the room.
As I have stated I believe STX is likely to receive a takeover offer but this should attract even larger listed companies as well as Min and Gina.
Stx BOD will try to secure the highest takeover price by outlining STX land holdings and future drilling prospects which D&D did not do.
It’s clear they are not working together on WGO.MIN have...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $974.2K | 4.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 481681 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 811574 | 13 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
20.0¢ |
Change
-0.005 ( 1.04 %) |
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| Open | High | Low | Volume | ||
| 20.3¢ | 20.5¢ | 19.8¢ | 2500820 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| STX (ASX) Chart |
