WGX 0.00% $2.31 westgold resources limited.

Thinking left field out loud =The world is entering a more...

  1. 12,227 Posts.
    lightbulb Created with Sketch. 621
    Thinking left field out loud =
    The world is entering a more demanding financial return economies as they have had failed feds lowered %%% rates too long.
    Interest rates are unavoidably going up to stop a complete collapse.
    The higher interest rates and where placing wealth demands higher returns on investments.
    The lower return companies are nervous as investors with choice will choose better returning stocks speculative or as real.
    The need of returns is also now seen if execs have any brains needing larger projects started or corporate moves.
    Yes some are doing Goldie corporate (GOR) as an example.Their exploration and growth maybe worse than wgx ???
    So assuming wgx wants to do some corporate? be the buyer seller or merger???
    Many may want merger as bigger is sometimes better what execs scared of losing control they have safe now???
    Less in a Golden era brainless as maybe in ridding less preforming to recharge cash for a better maybe?
    More upsizing in a stock offering as buying a real option as many around if company wants to go shopping but careful as dilution needs growth.
    As merging with or incorporated into another needs return of investment. But bigger be stronger ??? & what execs kept and will they work as a better one? A win win if one co brings assets or staff with better that another has weakness as DCN needs another closer mill or Van out of legal needs mill or as does gsn & as many do or more development drilling or a better takeover specialist exec or or as many goods needed in a growing goldie =
    There now are many Goldies in power nst, ncm, rrl, gor, dcn, evn slr & add another ten or more
    wgx if wanting to match another goldie suitor would first find its strengths others would desire, as location close, whom could use its assets as mills or dirt, whom exec friendly with, where it wants growth as gold or other, heaps of dynamics =
    But as not all a b out wgx as other needs to be interested to be a win win deal =
    wgx's latest glossy was a bit negative (+ many costs, -staff, - production etc) then the news release of virus and more in less profit & a staffer leaving as? whilst a funds destroying its stock price with low lower lowered for months as a why objective??? = OH as = a drop OUT stock
    CO in a COma?, funds in a blood frenzy?, and many goldies big and small in competing corporate shopping =
    Yes a greed in overseas goldies too overrated as some brainless done. = East WEST au$/oz homes best =
    Bigger would eat wgx probably but as a bigger needing better lowered - to = + returns for an in as medium goldie may offer desired better?
    If wgx wanting to wear the pants close by maybe = wgv? or not ?
    I got burnt recently so wgx in my unprofessional advice opinion does not deserve anything but pants down low lower lowered = me $ P IT e FULL


    Last edited by Goldnumber: 09/04/22
 
watchlist Created with Sketch. Add WGX (ASX) to my watchlist
(20min delay)
Last
$2.31
Change
0.000(0.00%)
Mkt cap ! $1.094B
Open High Low Value Volume
$2.29 $2.38 $2.29 $15.48M 6.670M

Buyers (Bids)

No. Vol. Price($)
4 200000 $2.30
 

Sellers (Offers)

Price($) Vol. No.
$2.33 231649 32
View Market Depth
Last trade - 16.10pm 22/05/2024 (20 minute delay) ?
Last
$2.31
  Change
0.000 ( 0.44 %)
Open High Low Volume
$2.30 $2.37 $2.29 1794664
Last updated 15.59pm 22/05/2024 ?
WGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.