Apart from the rebalancing overhang, is there something wrong with the forecasted numbers?
Last time WGX traded within this range (Jan-17), Gold in USD was around $1,175, so we have roughly $135 AUD free cashflow increase on 300k production which equates to $40m, yet no bounce on the price .... hmmmm
At the face of it, still looks like a price mismatch to its peers - the presentation over next few days by PC should be interesting now...
Cash Cow, page-5
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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 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WGX (ASX) Chart |
