Or WGX share price could be rising because the market is picking over the bones of the cheaper gold dogies on hopium given the gold price - note how RSG and OGC have also recovered.
WGX is not one for orphans and widows - its spec, with potentially high returns if Cookie can improve his menu, or a kick in the rear for us if he flunks his cooking class.
If the USD POG keeps heading higher than it will drag WGX along for a while. But holding WGX during a major gold price retracement without the benefit of Big Bell delivering may result in the share price going back to $1.50, or lower.
loki (Oh Cookie, when are you going to deliver us our feast?)
Ann: Placement, page-7
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Last
$2.56 |
Change
-0.060(2.29%) |
Mkt cap ! $1.213B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.62 | $2.56 | $8.190M | 3.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18514 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 3470 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WGX (ASX) Chart |