WGO
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0.00% 35.5¢ warrego energy limited

WCL takeover offer yesterday for 65c (double WCL's SP), has seen...

  1. richrichie
    3,394 Posts.
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    14/02/12
    15:12
    Post #: 9691411
    WCL takeover offer yesterday for 65c (double WCL's SP), has seen the sector move up strongly.

    EXE broken the 20c barrier and touched 21c today.

    MEL has jumped from yesterday's prior to WCL announcement from around 37c to now 42c (interim high of 42.5c)

    PRL also up 8.9% today.

    Looks like PRL will head to 6c soon.

    Also Richard Cottee has taken a Non-executive Chairman role of AKK with a heavy focus on US shale gas and just raised capital.

    PRL, the newly merged company of an unlisted US shale gas company and OIP, could be the centre of new influx of M&A.

    Time to buy.
    PRL Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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