Its been a great share price recovery this year for WGX. More to come if they meet targets, and even greater returns if the AUD POG heads towards 2000. The RBA must be in the pay of the Australian based goldies with their plans to cut interest rates and try to further depress the AUD.
My only concern is that if the share price lifts too quickly then the 60m options that are due to expire at the end of June might be exercised if the share price heads over $2.00 by that date. I think it will get over $2.00 again, but my hope is that it does not happen before the end of June. I do not want Cookie getting his hands on an easy $120m which will go to his head for another splurge, and dilute shareholders via the extra shares.
WGX is a goldie to hang on for the ride as they meet targets, face a higher AUD POG, and hopefully find lots of high grade ore near their 3 mills.
loki
Its been a great share price recovery this year for WGX. More to...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.65 |
Change
0.100(3.92%) |
Mkt cap ! $1.256B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.65 | $2.60 | $8.481M | 3.221M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8689 | $2.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.66 | 7872 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WGX (ASX) Chart |