WGO 0.00% 35.5¢ warrego energy limited

stx v wgo, page-19

  1. 1,836 Posts.
    lightbulb Created with Sketch. 2793
    This graph shows the reason, why I am invested in WGO.

    Today, the relative valuation sits at 39.5%.

    https://hotcopper.com.au/data/attachments/2980/2980593-412b72cee3003cc66db6c99b2ca5cfd6.jpg


    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...

 
watchlist Created with Sketch. Add WGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.