Unfavourable macros
Interest rates rising, DXY pushing new highs. Inflation weak and forecast to fall further.
The entire energy & commodity complex is suffering, and PMs arent immune. Gold producers are hurting across the board. Pre-rev specs are particularly vulnerable. GOEX is gutted (and down a further 2% overnight)
The picture is really bleak. few investors are willing to pour money into this market regardless of company-specific fundamentals
This is the boring and conventional explanation of current WAF price weakeness.
Ann: West African Resources Awards Engineering Contract, page-37
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Last
$1.50 |
Change
0.015(1.01%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.51 | $1.49 | $3.699M | 2.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12485 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 132100 | 7 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
