WGO 0.00% 35.5¢ warrego energy limited

Ann: Non-Renounceable Entitlement Offer Document, page-139

  1. 2,820 Posts.
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    IMO if that was going to be the play then DC would not have so many shares imo. He would have kept little to no shares over the years and he would have sold off at higher prices. You don’t let 50 odd million shares turn worthless. I would imagine at a good oil discovery at say 50c a share for 50 million shares, now that’s a tidy profit and made honestly too. You would never need a single cent ever again turning that kind of profit DC stands to make on his PRL shares from a decent find.
 
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