This graph shows the reason, why I am invested in WGO.
Today, the relative valuation sits at 39.5%.
I expect, that WGO will likely react stronger on a successful WE campaign than STX.
To give this a context, if the relative valuation would be at 0.6 (as it was during WE-2 drilling last year) today's share price for WGO would be 33.5c compared to STX today's closing price of 32.5c.
(Everyone's guess what a "fair" relative valuation should be...)
Bottom line: WGO is heavily undervalued and has a larger headroom for share price increases currently.
...just my 5 pence...
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