WGX 3.37% $2.76 westgold resources limited.

Ann: WGX Corporate Update, page-23

  1. 3,694 Posts.
    lightbulb Created with Sketch. 1089
    ~50c GRR entry avg, took about 22c in FF divs during the holding time, shaving my net down to mid 20c's, sold half at $1.48 then rest b/w $1.13-$1.30....as soon as the BS normalised, writing was on the wall for reversion....

    this one reminds me so much of GRR it aint funny - not expecting special divs like a IO pellet cashcow, but our BS here is rock solid which matters most in a rising rates enviro that typically strangles companies that are then forced to issue capital. seen it many times, thats why im staying clear of EVN, NCM and a few of the other big wigs in this sector, its the avoidance of debt that's driving my investments decisions now.....

 
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$2.76
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$2.73 $2.79 $2.72 $8.887M 3.223M

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2 6767 $2.74
 

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$2.76 29906 4
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