Hi Speculator,
Interesting day but I guess no real shock given recent commentary around the industry.
Unlike others who just jump in with unsubstantiated information, theories, insults before even reading the announcements, listening to the conference call or doing any research on the detail, I will take sometime to consider the merger and more importantly my own investment.
For me the first question is why … is it as simple as both companies believe it is a positive being bigger together … or do either / both have doubts on their own respective operation ?
I personally don’t like mergers, I more like one side getting a substantial premium ( my side lol ) …. a win, not a draw figuratively speaking.
I do see the benefits of a larger entity, the exposure it brings and I do believe this will be seen more often.
Unfortunately, these mergers can drag on so can disrupt the usual natural flow of trading for a period … I guess in the fullness of time thou we will see if it was a good decision.
I don’t have that many WGX shares so is immaterial really to me … but best of fortune to you as I know it’s one of your favourites.
Hi Speculator,Interesting day but I guess no real shock given...
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Last
$2.14 |
Change
-0.060(2.73%) |
Mkt cap ! $1.013B | |||
| Open | High | Low | Value | Volume |
| $2.17 | $2.17 | $2.08 | $10.20M | 4.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14423 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.14 | 26577 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.14 |
Change
-0.060 ( 2.28 %) |
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| Open | High | Low | Volume | ||
| $2.16 | $2.16 | $2.08 | 1033249 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| WGX (ASX) Chart |