New pipeline, page-25

Tooter,

“you know what the real players in the “market” are really saying about STX, the gas buyers, and other operators not us the HC warriors.”

Can you tell us what they are saying ? You must be very close to management or others in the industry to know this sort of thing ?

The 1.2 : 1 offer can’t have been a poor offer as it implies at current 33c share price which is 74% above the current trading price. How can you not understand that ?

If WGO trades to 33c (which it may well do in the future), where do you think STX will be ? 40-45c...maybe more ?

Then do the sums on a 1.2 : 1 offer on STX at those prices.

management should have at least shown that offer to the register at the time.

IMO.