I expect that it will cost more (quite a bit?) to run two companies than one, but I also expect that when things settle down, the combined market caps will be greater than the current one. The qualification to that of course is the POG. If it continues to slip (in A$ terms), then WGS's MC will probably suffer. On the other hand, the way the POC has gone, MLXs MC will probably increase as a stand-alone base metals explorer and miner so as to at least counter any drop in WGS.
I respect Argonaut's appraisals, so I hope that A releases research sooner rather than later.
Now that I think about it a bit more, MLX might be the better bet upon separation, depending of course on its SP and MC at the time of new trading. SFR has had a good run of late. Have a peep there for a copper comparison.
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I expect that it will cost more (quite a bit?) to run two...
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Last
54.0¢ |
Change
0.005(0.93%) |
Mkt cap ! $485.2M |
Open | High | Low | Value | Volume |
53.5¢ | 56.0¢ | 53.5¢ | $735.0K | 1.340M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 66337 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.5¢ | 9323 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 66337 | 0.540 |
7 | 53206 | 0.535 |
16 | 185656 | 0.530 |
5 | 199000 | 0.525 |
19 | 226320 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 9323 | 1 |
0.555 | 60000 | 2 |
0.560 | 114747 | 3 |
0.570 | 74929 | 2 |
0.575 | 50000 | 1 |
Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
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