I'm with you on that Albatross.
I can't see WB accepting the level of dilution required to buy GCY with WGX scrip. If WGX SP appreciates substantially or GCY SP tanks then it's game on.
Can't see either happening in the short term unless WGX SP has some sort of catalyst like a bonanza grade hit below Great Fingall or a super impressive production update. GCY looks in good shape now that they have begun mining their new high-grade mine.
Ann: Presentation - September Quarterly Overview, page-56
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Last
$2.95 |
Change
0.025(0.86%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.98 | $2.98 | $2.87 | $5.721M | 1.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 41535 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 53045 | 30 |
View Market Depth
| Last trade - 11.49am 24/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |