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35.5¢ warrego energy limited

Ann: STX: West Erregulla Update, page-40

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gbgirl

5,360 Posts.

1558

08/03/21

19:07

Post #: 51608258
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Originally posted by gimo211 ↑

@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%.

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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well that accumulation wall at 25 cents is there for a reason lol!
ioho you only make the most money in the market holding and having patients !!!
doctor doctor give me the news LOL ???

WGO Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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