I don't worry about WGO. I think it is better for both STX and WGO shareholders if the discovery was owned by one company. It creates better options for all shareholders.
Have a look at the BPT beharra Springs Deep announcement today. What do you think it going to happen to STX's UIL ground when Trieste identifies a whole lot more of the same in the neighbouring tenements. And then when BPT / Mitsui drill more wells.
I hold some WGO because they are very cheap on an EV 2C+2P basis. But it doesn't mean i think they are better value than STX, which i dont.
IMO
WGO Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held