Gina Rinehart’s Hancock Energy has won majority control of Warrego Energy, marking a milestone in the drawn-out takeover battle for the West Australian gas producer against the target’s joint venture partner Strike Energy.
A move by Chris Ellison’s Mineral Resources to sell its shares into Hancock’s 36¢-a-share offer has taken Hancock’s interest in Warrego to 50.54 per cent, the private firm owned by Ms Rinehart’s Hancock Prospecting said on Monday.
Hancock wins WGO, page-2
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Last
22.5¢ |
Change
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Mkt cap ! $643.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.3¢ | 22.0¢ | $2.570M | 11.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1560870 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
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