WGX 1.78% $2.86 westgold resources limited.

Ann: CY 2018 Gold Production Guidance Update, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 813 Posts.
    lightbulb Created with Sketch. 124
    I tend to disagree that the news was priced in.
    The news was only priced in by the insiders.
    Rest of the public like myself only came to knew yesterday.

    The trading is dangerous here. The bots are working hard to prop up.
    So far 30000 units traded today including ASX and Chi-X.
    That is very disturbing volume.....One real seller emerges with few 100k shares,
    the price will be below 1.40. There are no real buyers for the stock.
    I am thankful the bots let me get out with a small profit.

    Won't think about buying until it hits 1.20 or below.
    At 1.20 it will still be a 435 Million market cap for a company which is still losing money left and right.
    Currently the market cap is 550 million, too high for a loss making operations. I had a fairly bullish view but yesterday's announcement has changed all of those.
    Last few weeks shorting/selling was indeed based on inside information.
 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.