WGX westgold resources limited.

For those not familiar with funds averaging down =Sell high drop...

  1. 13,754 Posts.
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    For those not familiar with funds averaging down =
    Sell high drop share price usually or some with cross trade and buy lower = average down.
    It relies on fear and from fear usually retail sellers and that enables the funds to buy shares lower
    As usually the company whom as seen knows & ssshes = as is power of the funds
    If there is no fear sellers then funds left exposed to bargain retail buyers and MORE LOSS to them as only playing/trading with themselves.
    With lowered need higher to RE gain margin derisk & P profit.
    Funds have full bag of tricks =
    Many goldies making $$$ as good PROFIT SAFE sector (COM-P-are) to others) as gold saved in ground waiting to P process in gots to bank =
    Gold is reall as HEDGE as is failed leaders and INFLATION (three years at least = world bank
    nervous nellie ??? FEAR FEAR FEAR ??? = let funds play with themselves & cheaper for retail=


 
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(20min delay)
Last
$2.56
Change
-0.055(2.11%)
Mkt cap ! $2.401B
Open High Low Value Volume
$2.53 $2.57 $2.51 $6.257M 2.456M

Buyers (Bids)

No. Vol. Price($)
47 46575 $2.55
 

Sellers (Offers)

Price($) Vol. No.
$2.56 68964 41
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Last trade - 14.40pm 31/07/2025 (20 minute delay) ?
WGX (ASX) Chart
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