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35.5¢ warrego energy limited

quiet on here, page-14

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papasmurf61

1,568 Posts.

346

14/12/22

17:46

Post #: 65313335
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Originally posted by ozblue: ↑

There are still bids for 17m shares above Gina's price, so any large holder could easily sell into that if they so wished to take anything like Gina's price. The mere fact we keep trading at these higher levels to me indicates someone big is expecting a higher bid or already buying on market for that higher T/O offer.

Being so close to the holiday season, I'd expect we find out in a hurry a new bid or bidders. Can't see the big end of town going on holidays with this left in abeyance while they are away, and open to others, so we should expect some sudden action in the next week, IMHO.

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Or the possibility that those in with order higher than Gina’s offer of 28c, think there maybe another offer and are taking a gamble but there is just as much a possibility that it will 28c and that is it.

WGO Price at posting: 29.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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