On the blended share price (MLX/WGX) as of close today, WGX should open no lower than 2.o1. However, that's just maths, not markets. And as others have pointed out, the whole point of the demerger was to release value in WGX as a pureplay gold firm. So hopefully we will get an immediate increase over the next few days purely on the separation alone.
All the same, it seems a bit ambitious to have the shares running too rapidly to the $3-3.15 mark that some of the brokers are predicting. It will need a stronger gold price and some good news at operating level to get that kind of momentum going.
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Last
$2.85 |
Change
-0.070(2.40%) |
Mkt cap ! $2.687B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.96 | $2.85 | $17.18M | 5.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 29262 | 1 |
View Market Depth
| Last trade - 16.13pm 27/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |