Agree. This pattern of raising during a drill, falling to below issue price then rallying is beyond common, its the norm. My fave was 88E back in Feb/Mar this year. Look at the post-cap raise rally while oil was falling through the floor! This is a big raise and it'll take time to work through, but there will be no more because we are funded now through 3 huge wells whilst the Perth Basin quietly transforms into a new petro-chemical province, complete with LNG facilities. I regret not selling because you could smell the CR coming for weeks, but its definitely a buy at these levels for a 12-month hold. Helps with tax too....
GLTA
WGO Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
