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35.5¢ warrego energy limited

Ann: STX: West Erregulla 2 Update, page-20

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FeO(OH)

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16/09/19

13:01

Post #: 40436632
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Originally posted by SixTwoOne: ↑

I sold out this morning. Been in for over two years since PRL days. Broke even on my original investment at 30c but I added some at 37.5c so ended up only slightly ahead. As I've said before, much better than being 85% down in PRL.

I think the price will retrace from here. I'm no good at picking the bottom but my personal opinion is that it will be 29 / 30 rather than 32.5 / 33. Even if I'm wrong though, I can't see this running hard until we have definite news about flow rates at least. I might miss out on a few pips but I don't have any FOMO and there is still plenty of profit to be had if the news is good.

I guess there are some people already sitting on multiple bags in which case I can understand not selling. I'm comfortable it was the right move for me though.

GLTAH

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Fair enough. There is always reasons to sell... and if I was down from PRL days and was back to even... I wouldn't push my luck either.
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Enjoy

WGO Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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