WGX 1.08% $2.80 westgold resources limited.

Nice deal for WGX holders, who get around 1 share in TON for...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,469 Posts.
    lightbulb Created with Sketch. 155
    Nice deal for WGX holders, who get around 1 share in TON for each of their WGX shares once the distribution is completed.

    TON ended the day up 12% on the day at 11 cents. WGX up 10.5 cents, 6.8%.

    The announcement come out after the ASX closed trading for the day. I wonder if those in the know about the deal pushed up the shares of both companies today. I will never know for sure.

    WGX's share price will now be linked to some extent with TON's share price movements until the TON shares are distributed, in addition to all the factors influencing WGX's gold mining operations.

    Cookie Wookie done some good for his shareholders, I think.

    loki
 
watchlist Created with Sketch. Add WGX (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
WGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.