WGO warrego energy limited

Ann: Chairman's Address and Managing Director's Presentation, page-6

  1. 9,364 Posts.
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    I wouldn't worry too much.
    The recent dip will mean their will be a lot of nervous sophisticated investors from the recent capital raising are suddenly happy to accept anything close to 21 cents. We are still churning through that.
    Also, the near-term upside from WE-3 is greater for WGO than Strike, by virtue of their relative market caps. (i.e. think about what a 50% in resources from WE-3, should it succeed, for either company).
    Said it many times before, but WGO is the better 6 month play now. But have more (for the long-term) in STX.
    Last edited by invertedva: 26/11/20
 
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