WGX 4.00% $2.16 westgold resources limited.

thank you for the reply / repliesi do know that when a predator...

  1. 253 Posts.
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    thank you for the reply / replies
    i do know that when a predator company makes a bid
    it is usually when shareholder sentiment is vey low
    due often to having been through difficult times
    and the sp is trading at a very low price
    in this case at about scrap value
    management had doing its best to get the company positioned and on track
    or it can also be when bad management have performed poorly
    i think with this company it is mostly the former
    i sense the makings of a turn around situation
    that is why i feel we are vunerable at this time
    and like many shareholders we know it is always best
    if a company can do things under their own steam
    but an aquirer may see a turn round occurring
    more clearly and before retail would see that
    and would wish to pouce at that time when the sp low
    cheaper buy price and they can be seen as having made all good
    they being the reason for sp then apreciating
    cheers bobby

 
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$2.16
Change
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$2.18 $2.21 $2.13 $12.82M 5.915M

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No. Vol. Price($)
1 2336 $2.15
 

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Price($) Vol. No.
$2.16 16721 4
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Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
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$2.16
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