Hey, I think you posted this about a week ago - and it seems the share prices hasn't really done anything even with gold higher. Which is unfortunately frustrating.
It shatters me to think that $1.16 per share of capital has been wiped of the value of the shares and management do not know how to respond to this. And management are buying assets by issuing more shares diluting existing shareholders instead of using free cashflow and not communicating forecasted ROI.
Currently I am turning quite negative on management and waiting to see the quality of the quarterly's.
I don't want to sell out as I think the underlying value of the business is undervalued. I think share price is trading at a discount because of management risk. Whereas Northern Star trades at a premium as their management is quite elite.
It could get worse before it get better
Sell off and Bounce?, page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.86 |
Change
0.050(1.78%) |
Mkt cap ! $2.527B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.87 | $2.78 | $13.35M | 4.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72565 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 17255 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
