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35.5¢ warrego energy limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-13

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thecone

7,166 Posts.

847

11/06/20

14:05

Post #: 45161748
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Originally posted by Harmattom ↑

the contrast in management of stx versus wgo just gets wider and wider . . this announcment makes it a gaping fault line!!!

on the same day stx announces amazing new interpretarion of seismic data supporting their vision for the greater perth basin and looking to bring massive sharholder wealth wgo management show their self entitled hand . . feed themselves millions and millions of discounted shares at the expense of existing shareholders.

this is what happens when you get the ownership structure wgo has combined with a sense of self entitlement.

question to existing shareholders . . do you think capital raise was fair . . or . what if management did debt financing off back of future gas sales. pretty clear answer to me that the latter would have created significant greater return for the average shareholder.

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You've clearly forgotten the stx 23c spp when the Sp had been 30 + c just days earlier? I didn't bother nor did many others and bought on market cheaper... Whereas wgo raised at 29?..and I'm a stx holder, but not a cheerleader
Softly softly catchy monkey......lets see what happens.
Mind the gap.. Tc.

WGO Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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