I'd advise people to take care in comparing penny stocks to WPL. WPL has the lowest cost production in Australia, take into account fiscals some of the most compeditive LNG in the world in profitability, and some of the most reliable operations in LNG allowing WPL to achieve premiums in contract pricing. Baby oilers don't equate to baby WPLs, most will never grow to even remotely this size. Keep in mind WPL in 2C + 2P per market cap is actually not that different to CVN or FAR, only WPL has amazing cashflow to fund it's future.
WPL Price at posting:
$35.85 Sentiment: Buy Disclosure: Held
