The additional 250m shares are not going to flood the market. The institutions which took the lion's share are not in this for a 10% flip like some sophs are. We have seen continual buying this past week in our partner's shares as the sophs took their profits. The vols are too large on the buy-side which tells me the institutions are adding. This is very comforting for our partner because it is now on the radar of institutions. I wish we were on someone's anyone's radar because I feel like with changing market/environmental sentiment being a pure gas producer with no green credentials is like so yesteryear and is being priced accordingly until it produces cash flow. Ox.
WGO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held