Byron,
You should really do some more research on these things before investing IMO
If the market drops the 20% for correction, where does it leave us?
It leaves WGO struggling to raise money they need, I would imagine. They should go out there and get the best offer for their 50% that they can find. Or merge with STX. They have badly misjudged this capital requirement and the timing of it. They will need to have plan C up their sleeve now.
Can wgo continue with its plans?
Don't you mean STX's plans
Also gas to be imported on the cards?
I wouldn't worry about that as any imported gas is likely to be >$10/GJ and STX/WGO will have the cheapest gas in Australia. There will always be a home for the cheapest to supply the market.
IMO
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