WGO
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0.00% 35.5¢ warrego energy limited

Ann: WE-4 Results Extend West Erregulla Gas Field, page-70

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  1. rexsh
    5,348 Posts.
    lightbulb Created with Sketch. 2642
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    09/04/21
    13:22
    Post #: 52358747
    Institutional investors will generally not take a large (or any) position if the issued capital has a big blocking stake like that.
    They like to have the ability to sway board decisions as well as corporate activity such as a take overs.

    IMO
    WGO Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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