I am a new investor to WGX. I can see why negativity in past has resulted in the s/p dropping to under $1.00 but I also suspect that negativity is still priced into the current s/p. If management can come close to meeting minimum projections for FY19 of 300,000 ounces at 1350 ASIC we should see that negativity diminish resulting in the s/p returning to former values.
With no debt, long-life mines, and rising AU gold price there seems much more potential for s/p upside than downside.
Good luck to all investors.
Ann: Quarterly Activities Report, page-21
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Last
$2.80 |
Change
0.030(1.08%) |
Mkt cap ! $2.527B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.82 | $2.76 | $9.255M | 3.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11822 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 48779 | 5 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
