Westgold market cap at this moment is just above US$750M. My understanding is that if it can maintain that level on Friday it will be a candidate for addition to the GDX ETF (addition is next Friday 15th, measurement date is 8th).
This has all come out of the blue and there could be a real scramble to buy it here for the fund because no one saw it getting added just a few days ago. I think the GDX would need to buy US$35M worth (20M+ shares).
Ann: Dividend/Distribution - WGX, page-34
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Last
$2.42 |
Change
0.000(0.00%) |
Mkt cap ! $1.146B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.43 | $2.33 | $7.887M | 3.286M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11224 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 18381 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WGX (ASX) Chart |