All I can do is make educated assumptions (if such a thing exists) trend.
I think it is always difficult to perfectly balance two different companies assets, but... in this case, I feel on balance they are quite even as I have discussed earlier.
WGX does have a fair bit on their plate, but, they have already achieved an awful lot since WB took the helm. I see no reason why this will change. The enlarged WGX is going to have a bigger team to support his goals (i.e 500k unhedged producer in W.A) and I believe he will achieve it.
Paddy etc are already underway, so again, I feel they will be able to bring back extra ounces when needed, but I do agree, Bluebird plant needs to be filled.
The market was not interested in WGX at $0.80 not so long ago. Maybe they are wrong again now.
News: WGX Westgold Resources And Karora Resources Agreed To Combine In A Merger, page-59
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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 |