Yup, pushing a 20c fire-sale of their own assets - surely too deranged to take at face value.
Would make anyone question, what's the hidden pay-off here for WGO management?
Surely they're getting something more out if this than a dozy retirement in Spain, watching El Rom gathering dust?
Such a gift, where are the competing offers? Is the WA O&G scene too much of a "gentlemen's club" to permit any interference with another members plundering?
The whole bargain-basement giveaway scenario, it's too weird to be real.
WGO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held