Hey Loki, after today's announcement, I do feel like my target price will be reached, although who knows when. WGX just does not seem to be able to get real runs on the board, yet from what I read, management are supposed to be more than proficient. I keep trying to work out just what is not going right for them....
Then there is the simple fact that for the near term, I cannot think of a catalyst for the stock to re-rate. They need a good quarterly, and June is not going to be it... perhaps Sept?
As you say though Loki, upside is there, but... there is a decent amount of choice available gold stock wise on the ASX, better options are out there I think. I won't change my sentiment yet, but... getting tempted to.
Ann: CY 2018 Gold Production Guidance Update, page-5
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
