Wow, seems to be some inconsistency here?
WGO cop incessant claims by certain posters, who clearly claim the inordinate value of STX, and the dismal value of WGO - yet those views remain for all to see ??
I am a shareholder in both WGO and STX.
What the STX "rampers" fail to acknowledge, is that ANY value added to STX will be, by default", added to WGO in some manner.
Even if value is added to STX because of the inherent value of say Wayerling or South Erregella, some of that upside will by default, flow through to WGO.
What some posters have not comprehended, is that WGO has bided its time in following STX.
It is my understanding that WGO has probably made more attractive deals re its GSA and probably its deal for processing its gas. STX signed first, but WGO joined up later, which probably allowed a more competitive proposition. ie more volume = economies of scale. So WGO's gas early provides that improved economy. Just IMHO.
At some point that share price gap will narrow.
WGO Price at posting:
21.0¢ Sentiment: None Disclosure: Held
