WGO publicly said that STX was welcome back if they brought a better offer . They have publicly put the sale sign up for the company . The market is not putting any TO premium at all in the WGO share price . The Market is distracted by other concerns at the moment .
A lot of big offshore gas projects put back for a long time as the proponents cut capital budgets . Perth Basin gas much cheaper capital cost and much quicker to bring into production . With the offshore projects delayed there seems room in the market . I expect something to happen .
WGO Price at posting:
9.8¢ Sentiment: None Disclosure: Held