You see this is the advantage of a Westside takeover - corporate overheads disappear as they become AGL's / New Hope's / Petro China' / BG Group's / Santos's / Origin Energy's (list is not exhaustive) corporate overheads - which are then severely diluted as they are spread across all their respective profit centres.
Doesn't it make you sick looking at all the potential suitors above, then look at our share price and then look at the All Ords on a seemingly unstoppable gallop!
The growth of some of those Market Caps in this recent market surge would pay for all of Westside a few times over! Maybe everyone is just so focused they don't know we exist yet?? Angus, go knock on their door!!
It doesn't matter so much about the quality of our field as a whole - reserves are reserves and production facilities are tangible and even at $250 Million dollars, we are a bargain if these articles on gas prices are accurate.
Cheers,
WCL Price at posting:
30.0¢ Sentiment: None Disclosure: Held
