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25/03/20
16:02
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Originally posted by jophda
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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 .
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the market is irrational
who cares about "the market"
for me, STX has only one commercial asset
STX has twice as many shares as WGO
STX should offer at least 1.8 STX shares
Last edited by
ddzx :
25/03/20