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35.5¢ warrego energy limited

Ann: Quarterly Report and Appendix 5B, page-45

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22/04/21

16:46

Post #: 52657061
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Originally posted by papasmurf61 ↑

For STX it represents only 14% of the shares issued whilst WGO have seen a 62% increase in shares issue. Big difference.

WGO are only involved in gas and more gas whilst STX are value adding to the gas. One company is selling itself and what it has planned, the other I have no idea. The two companies are going into different trajectories.

It would appear that is what the market have figured out. The current directors of WGO are looking to be taken over. The problem they may have is the value they think it is worth and what the market thinks.

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The current directors of WGO are looking to be taken over.

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You can't see that WGO is working towards becoming a producer with a better price for their initial GSA than their JV partner?

The market or a suitor will wake up sooner or later.... like once this appraisal program is finished,IMO.

WGO Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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