WGO 0.00% 35.5¢ warrego energy limited

@Byron, just for you what I wrote on the other thread:This graph...

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    @Byron, just for you what I wrote on the other thread:

    This graph shows the reason, why I am invested in WGO.
    Today, the relative valuation sits at
    39.5%.

    https://hotcopper.com.au/data/attachments/2980/2980686-412b72cee3003cc66db6c99b2ca5cfd6.jpg

    I expect, that WGO will likely react stronger on a successful WE campaign than STX.

    To give this a context, if the relative valuation would be at 0.6 (as it was during WE-2 drilling last year) today's share price for WGO would be 33.5c compared to STX today's closing price of 32.5c.

    (Everyone's guess what a "fair" relative valuation should be...)

    Bottom line: WGO is heavily undervalued and has a larger headroom for share price increases currently.

    ...just my 5 pence...



 
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