Evening everyoneWGO management has arrived in Aus and are...

Evening everyone

WGO management has arrived in Aus and are currently meeting with investors as I did and as they confirmed in recent market announcement.

I think there is increasing interest from bigger fish given the investor roadshow being conducted, with DD leading the way.

It has been mentioned in other threads that one has had the opportunity to build a decent position in WGO at these levels for quite some time, and at present - even after excellent WE-3 news - the SP stays stagnant at 12.5-13.5c range.

I feel for those who rely only on catalysts to ‘buy-in’ as it provides them with the psychological comfort that their purchase is warranted following a positive announcement.

Following positive flow-test news my guess is we will be trading a lot higher as the larger instos will be circling like sharks..

The risk-reward here is phenomenal now - cast your eyes over the WA Gas price.. One would think long-term contracts will need to be signed sealed and delivered at circa $7-8 range. When one compares these numbers to the costs involved, even with inflation there will be realisation of WGO's relative value.

A nice cross-trade after hours was executed today - see screenshot below.

To quote Peter Lynch - one usually reaps the return on their investment in the 3rd and 4th year of holding. I am in my 3rd year of holding and have never had more WGO shares than I have at present.

All the best to all and to those still holding, well done - It takes guts to hold on when the market disagrees with your thesis..