WGO 0.00% 35.5¢ warrego energy limited

Ann: Trading Halt, page-27

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  1. 2,820 Posts.
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    I would think that prior to selling off all of Uruguay they would take the 1.5 mil for exchange of transferring a bigger % as that’s a fair bit of cash, enough to keep them going for a long while till Spain or Uruguay was progressed by one of our partners?? I think this is something completely different. I would think that they know everyone bought in for Uruguay and that the shareholders will lose all faith of in the company and positive news in future won’t have any positive effects on the share price. Once faith is completely lost (and we are very close to it as it is) then no amount of good news will prompt buyers into the company, seen this many times before....
 
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Currently unlisted public company.

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