Something about WGX doesn’t add up. Debt facility arranged before any acquisitions says to me they are heading for a cash crunch. The margin on big bell leaves no room for error.
Gold companies are starting to warm up again and WGX still haven’t moved on the juniors in the area - most of them have open pit opportunities with higher grade and surely much higher margins than GF or BB
Ann: Big Bell Expansion Approved, page-14
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Last
$2.65 |
Change
0.100(3.92%) |
Mkt cap ! $1.256B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.65 | $2.60 | $8.481M | 3.221M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8689 | $2.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.66 | 7872 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WGX (ASX) Chart |