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$2.15 westgold resources limited.

24 Million shares changed hands today?

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17/09/21

16:59

Post #: 56158383
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Originally posted by speculator101: ↑

Great post Joel.
Though I had a chuckle at the part you highlighted. WGX would be greatly rewarded for just meeting guidance for the first time in years!
It does indeed seem that WGX is at an inflection point. After many years of saying that they were 'almost there', when in fact, they clearly were not.
Sunken capex is not always a sure thing, just look at RSG. But... in saying that, it would seem WGX's board is finally realising what investors actually want.... a profitable company, versus talk talk talk.
Also, I find it interesting that they are suddenly pulling back their focus on more M&A.
The next step I would like to see, is a serious amount of information on their exploration programs (and a ramp up the amount being done). To ensure all 3 plants have 10 years of reserves. Right now, its a little uneven.

Is WGX turning a corner.... its looking more likely, but... proof is in the pudding, lets see what the next few quarters show.

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24 Million shares changed hands today?

WGX Price at posting: $1.68 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $2.15		Change 0.010(0.47%)		Mkt cap ! $1.018B

Open	High	Low	Value	Volume
$2.15	$2.17	$2.11	$5.897M	2.745M

Buyers (Bids)

No.	Vol.	Price($)
2	23082	$2.15

Sellers (Offers)

Price($)	Vol.	No.
$2.17	146091	8

View Market Depth

No.	Vol.	Price($)
2	23082	2.150
4	82508	2.130
4	37956	2.120
6	56417	2.110
6	29448	2.100

Price($)	Vol.	No.
2.170	146091	8
2.180	112094	5
2.190	6048	1
2.200	44002	4
2.210	31435	5

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last $2.14			Change 0.010 ( 0.41 %)
Open	High		Low	Volume
$2.16	$2.17		$2.11	758059
Last updated 15.59pm 06/05/2024 ?

WGX (ASX) Chart

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