crazy peer comparison

This deserved its own thread.

So, Comet Ridge (COI) is another and somewhat more perplexing example of either Westside being grossly undervalued or Comet being grossly over valued.

COI market Cap = $76 Million
WCL market Cap = $80 Million

H-E-L-L-O world ???

Comet had some encouraging drilling results in the G.B but nothing worthy of being anywhere Westside's intrinsic value.

Comet also has NSW assets which will only go somewhere if the LNP NSW State Premier (Barry O'F) is knifed in the back then swiftly removed from power!

If I was a gas seeker, I would be buying on market all the Westside shares I could get at these stupid low levels then make the "takeover" move once I had a stock pile.

There are plenty of dumb-struck Westside shareholders slowly selling for some reason.