WGX westgold resources limited.

Why is this so highly shorted atm?

  1. 2,447 Posts.
    lightbulb Created with Sketch. 541
    Merge complete
    No debt
    $100m facility undrawn
    $165m cash
    400,000+Oz production
    AISC dropping
    Good exploration and growth profile
    Totally unhedged I believe..

    How will these shorts get out with no need for a Capital raise, gold looking very strong and plenty of increase in reserve.

    What am I missing?
 
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(20min delay)
Last
$3.37
Change
-0.005(0.15%)
Mkt cap ! $3.170B
Open High Low Value Volume
$3.36 $3.37 $3.29 $10.37M 3.120M

Buyers (Bids)

No. Vol. Price($)
64 42032 $3.36
 

Sellers (Offers)

Price($) Vol. No.
$3.37 30967 18
View Market Depth
Last trade - 14.04pm 28/08/2025 (20 minute delay) ?
WGX (ASX) Chart
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