Wgo new research - price target 70c, page-99

Hi Rexsh
how much do you think they will raise considering what STX raised for phase 1 was approx 14m ?
I think they may raise circa 20-25m . That would be another 65m - 80 odd million shares . Would still see them at less than Hal’s the SOI relative to STX
Thus post dilution I still have a value plus 60c . Given this valuation is entirely for WE which will be after flow test 90% derisive , I think WGO is a great risk reward play right now