You're spot on in my opinion. AWE aren't that far ahead of EGO as far as the SP is concerned considering their assets and potential. At least they are trying to offload the Crude oil burden and concentrate on the fairly stable Australian gas market. Even their long term investors are predicting AWE to be only around 80c later this year if all goes well . It's going to be an interesting time if the oil price crawls back up to a reasonable price.
EGO Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held
