Guys I just posted on the AGO forum.
It's possible we might be looking at a possible takeover by AGO. They already own 19.43% or WRK and have suspended their stock from trading while they work out details of a capital raising.
However, they don't actually need the money now. They have 50 mil in the bank and low CAPEX, so it must be for an acquisition.
With a floundering share price maybe they are looking at a formal takeover of WRK, it fits the AGO model perfectly.
Thoughts?
moving up, page-7
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.19M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 114285 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 445912 | 3 |
View Market Depth
| Last trade - 09.48am 09/09/2024 (20 minute delay) ? |
| WRK (ASX) Chart |
Day chart unavailable