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35.5¢ warrego energy limited

STX will not put in an offer for WGO unless it is wholly on STX...

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papasmurf61

1,548 Posts.

339

26/04/21

20:55

Post #: 52734029
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Originally posted by goodman74: ↑

WE4 flow test will be a game changer for Warrego plus the GSA already have been decided Warrego / Strike.

STX is very complicated company ( urea and geothermal ) to be taken over by Beach or mitsui or others so I don't see any issue to go for Warrego first .

also I think STX will put another take over offer to WGO too after wgo SP will be in parity with STX .
( some stx holders will Laugh , but any thing is possible)
and it might be in the end the most possible outcome for Warrego.

by the way AWE was taken over before FID so why not with Warrego too !!
negotiations will start after resources update which after 4-5 weeks from now .

so if you want to get inboard cheaply then you have 2 week from now !! do it now

IMO

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STX will not put in an offer for WGO unless it is wholly on STX terms. WGO had the chance just over 12 months ago. The WGO directors rejected - if an offer comes it will be considerable less than last time.

WGO Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
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