Some billionaire heads of business and making some poor predictions over the past few months.
18 January 2023
STX was 39 cents and Chris Ellison from Min Res stated the WA gas asset prices were overinflated and he was not going to make a bid for Warrego. 25% increase in STX SP since then. Good call Chris.
22 February 2023
Hancock in their 12 supplementary bidders statement said.
Hancock's offer has been supporting the share prices of Warrego and Strike. Hancock's expects Warrego share price to fall once the offer closes and following a similar trend to Strikes which has fallen to 30.5 cents. Granted, STX sp did go down, but look at us now Gina! 60% increase in SP since then.
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