I remember being in Westgold doesn’t seem long ago 18 months or so, in for $2 and out not long after due to 18 months ago the ridiculous hedging was killing profits.
At these prices I am sure to follow up this weekend. On face value the EV is around $400m and the resources many times above with ASIC EBITA going forward.
Whats been the latest issues besides fundamentals? Sell offs? I doubt Capital Raisings? Hedging? Resources?
I guess like any Goldies, peeps like me will be taking a look to scrape the bottom of the barrel. Folk Uranium and Lithium won’t go up forever, some nasty bubbles are approaching. Block out the inflation nowhere to be seen and ‘make me feel good green statements’.
If West have the resources and a stable Top20 they should be doing very good. My DYOR will tell me, I expect a helluva lot of retail holders.
Good Luck all and certainly having been in before, now taking a look.
1.50s, page-9
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Last
$2.35 |
Change
0.070(3.07%) |
Mkt cap ! $1.113B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.37 | $2.30 | $4.975M | 2.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18239 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 9329 | 2 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| WGX (ASX) Chart |