Until I added more shares in recent days my average price bought at was $3.84. So I've bought more shares remembering an uncle's comment 'In for a Penny in for a Pound'. However that only takes the average price down to 14.5c so a long journey ahead.
There should be an announcement on Monday or Tuesday extending the date of the offer. If M & G finishes selling the share price might rise or perhaps the directors will buy up the shortfall.
Back in 2004, present Chairman/ Managing Director Brian Flannery bought into Felix Resources through his company White Mining when that company was on the floor. The floor price for Felix Resources, then known as Aurion Energy, was the equivalent of 35c a share peaking in 2008 at $23.00. So on that basis, I remain confident the ride is not over just yet.
https://www.miningmonthly.com/markets/international-coal-news/1278312/md-felix
https://www.smartcompany.com.au/finance/economy/20090811-the-mining-takeover-sets-felix-resources-bosses-up-for-1-billion-pay-day/
From the above links it can be seen Brian Flannery has a hell of a lot of experience and previous success.
- Forums
- ASX - By Stock
- Ann: Proposed issue of securities - WEC
WEC
white energy company limited
Add to My Watchlist
0.00%
!
3.5¢

Until I added more shares in recent days my average price bought...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.90M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.5¢ | $117 | 3.334K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 52760 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 1169 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 52760 | 0.035 |
2 | 33614 | 0.028 |
1 | 49888 | 0.018 |
1 | 500000 | 0.002 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1169 | 1 |
0.044 | 4024 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 10.11am 30/07/2025 (20 minute delay) ? |
Featured News
WEC (ASX) Chart |