WPG 0.00% 1.5¢ wpg resources ltd

WPG Chart, page-92

  1. 13,667 Posts.
    lightbulb Created with Sketch. 1290
    At 7 cents the company is valued at 53 million? Enterprise value close to 43 million?

    Currently at 8.8 cents filter market cap of 66 million. Enterprise value of 57 million.

    There's are reason why there are large gaps up to 10 cents. Stock is too cheap.

    Gold is still trading at 1740 aud.

    Not sure what all the panic is about across the gold sector but it's a good buying opportunity. It does feel as if someone is testing the sell and buy depth by throwing some sells on at market. Also attempting to close the stock down to accumulate..or it could be a genuine seller. Either way after we receive another update on production I still believe the stock will be rerated.
 
watchlist Created with Sketch. Add WPG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.