Kovey
Well spotted - we got our $1.59 this morning.
What is "wrong" with this share - its supposed to come down due to tax loss selling, not go up. I suppose there is still time. I wanted a few more cheapies under $1.40 but the way this is trending it is not gunna happen.
There could be be some real share price chasing post 1 July as some who sold for tax loss want back in before release of the quarterly report which should report operational improvements. Meantime WGX is being pushed higher along with other mid tier Oz goldies, even though its been a bit of a dog.
The fundies have been buying while the retail mob has been selling, I expect.
If our very own Wookie Cookie delivers da goods expect WGX to be closer $2.60 by mid next year, assuming the AUD POG holds up, and even more if it takes off, for whatever reason (falling AUD back to 70 cents, or USD POG up around around 1400).
Of course if I am wrong than I will head out the door minus some of the skin on my carcass.
GL punters.
loki (anyone out got FOMO with all this upward movement in the OZ goldies?)
Kovey Well spotted - we got our $1.59 this morning. What is...
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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 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
