Had Leo got reamed there and waiting for the payout of cash, which is annoyingly staged. Hopefully they are able to monetise the royalty.
I bought WAF today for the first time. Margin is too good to turn down, even with an increase in free carry from 10% to 15% on new licences. Take away the fact it is in Africa and QLD did similar things with the super profit tax/royalty on coal mines.
I think it is fair that African countries up the stakes on these projects given the quality of the resources.
Had Leo got reamed there and waiting for the payout of cash,...
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Last
$1.46 |
Change
0.055(3.91%) |
Mkt cap ! $1.664B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.48 | $1.45 | $4.516M | 3.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2840 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 40401 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| WAF (ASX) Chart |