As I said previously this was inevitable as the announcements were outstanding, so to see the price not respond can only be because of a cap raise.
Either way it means a small lull in the price initially but because the resource is so good the company will still be re-rated much higher in no time. i wouldn't be selling unless your a trader. I'd rather wait a year and get 50% CGT discount on a selling price above a $1.
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As I said previously this was inevitable as the announcements...
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Add WGO (ASX) to my watchlist
Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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