I don't know much about WGX but looking at the chart and the way it is heading down, I suspect it is all about monetising cash from their mines to whoever wants to buy. BB obviously see valuation accretive from a "desperate" owner?
One red heart was saying recently that the valuation is over priced so here is BB way of saying there are more growth in the pipeline to justify the premium. Follow the smart money trend I say...
@JID that EAR trend looks great, the type of stock that interest me first pass.
The recent pullback had me placing a limit order to accumulate but I just missed the fill by a few cents, 2C to be precise. Will not do any regrets because it could just have continued down from my perceived entry level.
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- Ann: Acquisition of South Kalgoorlie Operations from Westgold
Ann: Acquisition of South Kalgoorlie Operations from Westgold, page-8
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Last
$17.51 |
Change
0.140(0.81%) |
Mkt cap ! $18.16B |
Open | High | Low | Value | Volume |
$17.48 | $17.55 | $17.28 | $26.79M | 1.534M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2751 | $17.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.52 | 36039 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 45378 | 9.020 |
6 | 72217 | 9.010 |
4 | 47094 | 9.000 |
7 | 65586 | 8.990 |
8 | 105898 | 8.980 |
Price($) | Vol. | No. |
---|---|---|
9.040 | 46480 | 7 |
9.050 | 128028 | 11 |
9.060 | 115189 | 10 |
9.070 | 48533 | 4 |
9.080 | 64340 | 6 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
NST (ASX) Chart |