WGO 0.00% 35.5¢ warrego energy limited

WGO Value Puzzle, page-125

  1. 7,316 Posts.
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    Whilst I agree with the thrust of your post... Part of what is holding tpd back currently is the selling of heads to fund conversion of unlisted options at .004c... Kinda of a cap raise at a 50pc discount for the option holders... These options have to be converted by 28 Feb.. (?)..imho this is a major brake on the sp but set to end soon.
    Se1 could go either way...but stx priced for perfection, where as wgo for abject failure.
    Know which bet i prefer...( do hold a few stx, since crash)... All that Xmas in July hubris makes me wanna puke though.
    Gltahs tc
 
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