We knew an increase to Royalties or Taxes was on the cards after government review was announced. There was an understandable amount of doom and gloom and I am sure a bunch of investors sold out at the prospect. Now the announcement comes out and it's honestly on the benign side. I am thankful that BF gov engaged with the large gold companies and kept the increase under control. BF can now return to investors radars. This must lead to some re-rate for WAF over the next few months.
Ann: Increase to Gold Royalty Rates in Burkina Faso, page-12
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Last
$1.42 |
Change
0.035(2.53%) |
Mkt cap ! $1.459B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.43 | $1.41 | $4.500M | 3.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13634 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 69603 | 4 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.41 |
Change
0.035 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| $1.41 | $1.43 | $1.41 | 709082 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| WAF (ASX) Chart |
