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35.5¢ warrego energy limited

I agree. WGO tightly held.

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117 Posts.

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14/05/20

14:42

Post #: 44620742
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Originally posted by Ardas60: ↑

You have no idea Harmattom,1.2 STX for 1 WGO was wishful thinking by STX board.With proven up assets to date(STX have 1.7B shares and WGO have 700million shares)-with the guestimated proven up asset value of $600 million each share,WGO has to be worth at least 2xSTX,
WGO could CR 100-200million shares at the current SP to raise around $10-20million and still only have half the registry that STX have.
Also, even at 1.2 shares per WGO share that would dilute STX to around 3 billion.

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I agree. WGO tightly held.

WGO Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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