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35.5¢ warrego energy limited

Whatever papa,go post on STX.

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Ardas60

101 Posts.

70

07/05/21

19:45

Post #: 53028194
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Originally posted by papasmurf61: ↑

I owned this share until May last year however the management of the company has not impressed and therefore I transferred my holding in WGO (adding to my existing STX holding) to STX when the share price for WGO was higher than STX.

As I have said numerous times, the best companies can come a cropper with poor management.

One company has a long term strategy that doesn’t just involve getting gas out of the ground but value adds whilst the other is just a gas play. I know which one the market prefers.

If you want to see what happens to oil/gas stocks only take a look at the long term chart (say 20-30/years) for Santos and Beach Energy.

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Whatever papa,go post on STX.

WGO Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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