WGP 11.1% 1.0¢ westralian gas and power limited

chart upside, page-37

  1. 1,136 Posts.
    Spara, I still don't see the volume normally associated to a company's P&D. This downward period seems like a normal trend when companies don't have a followup announcement within a short term trading confidence period and especially when there are a few more immediate profit opportunities around. Also the company had to respond to a speeding ticket which means they didn't announce anything forward looking previously that might be seen in a P&D scenario... Anyway it doesn't look like the company doing a P&D. Just my Opinion though.

    EGO's got a few days before the Flow test Ann comes out so anticipation plays are in full swing over there and lets face it most recent investors here are only here because of their recent involvement with EGO. I still have an interest over there and hope everything good happens for the interest in the Perth Basin companies.

    My investment here is only a Token Parcel , I wouldn't count on the action being over here just yet... Once EGO results come in and its trading stabilizes then we might see overflow interest in other Perth Basin companies.. I still think given some of its characteristics that WGP has the better risk reward ratio in the region. Also EGO or AWE posted about WGP and not the other companies with O&G interests in the Perth Basin..
 
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Currently unlisted public company.

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