stx v wgo, page-19

This graph shows the reason, why I am invested in WGO.

Today, the relative valuation sits at 39.5%.




I expect, that WGO will likely react stronger on a successful WE campaign than STX.

To give this a context, if the relative valuation would be at 0.6 (as it was during WE-2 drilling last year) today's share price for WGO would be 33.5c compared to STX today's closing price of 32.5c.

(Everyone's guess what a "fair" relative valuation should be...)

Bottom line: WGO is heavily undervalued and has a larger headroom for share price increases currently.

...just my 5 pence...