How on earth can WGO shareholders vote to accept Beach's low ball offer with the WA government about to update the market on future export licence requests .
So what I thought would happen has happened check my post from 2 weeks ago Post #: 64580030
"Now imagine if Beach takes over STX, WGO or NWE cheaply because of no export exemption & they have one"
Only Beach getting an export licence from their mate McGowan is wrong on so many levels, I got a copy from a friend of the response from the WA government trying to explain why Beach got an export licence, it took them more than 2 months & many request before the reply, see below its pathetic
Now think about this statement & the ramification on price/timing of the low ball Beach offer for WGO, this puts STX & NWE in a similar vulnerable position. Was Beach privy to this info in detail? IMO there's more than a fair chance given the relationship between McGowan & Stokes, that was discovered in Palmers documents.
So in august 2020 they prevent the export of gas & then a few months later a mates deal providing Beach with an exemption
This is a classic, they've stooped to using that old chestnut COVID-19 lol, someone needs to ask them what COVID had to do with granting the exemption to only Beach when drilling has only just started.
