Yeah and selling down investments substantially....
1. They sold MGV holdings to the tune of 15m shares or ~$2.5m even though they been supportive and classed the investment as a strategic play
2. They sold the 11.6m shares they got from G1A for the Higginsville paste plan even though they said they would hold (~$2.25m)
3. They’ve sold down their investment in RNC nickel (owners of Higginsville now) to the tune of ~25m shares or ~$12.5m
That’s a total >$17m of investment sales to go along with the $45m placement done a couple of weeks back. Now you could make the argument WGX are simplifying their portfolio has has been trend, but I simply don’t buy it and think big bell and the contract mining business is torching up cash.
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- Ann: Change in substantial holding for MGV
WGX
westgold resources limited.
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Ann: Change in substantial holding for MGV, page-4
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Last
$2.64 |
Change
-0.090(3.30%) |
Mkt cap ! $2.490B |
Open | High | Low | Value | Volume |
$2.73 | $2.75 | $2.63 | $18.57M | 6.972M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 62497 | $2.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.66 | 31612 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13000 | 2.630 |
6 | 6553 | 2.620 |
1 | 18000 | 2.610 |
14 | 36371 | 2.600 |
3 | 16652 | 2.590 |
Price($) | Vol. | No. |
---|---|---|
2.680 | 15000 | 1 |
2.700 | 1000 | 1 |
2.720 | 3500 | 1 |
2.760 | 3000 | 1 |
2.770 | 24080 | 3 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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