Browsing through the results, appears that the company has righted its course and the costs have started to come down and staying down at Cue and Fortnum. Meekatharra is still a little high. The cash balance will grow with their selling down of their non core assets and receiving the cash.
With Big Bell now contributing, we should see further increase in production and lower costs coming up. All in all, I think I can take the risk to say the company has climbed the peak and will be looking to see better times ahead. I don't expect dividends just yet but it might not be too long a wait.
How many are still on this ship? Has been a rough one indeed!
Browsing through the results, appears that the company has...
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Last
$2.56 |
Change
-0.050(1.92%) |
Mkt cap ! $2.415B | |||
| Open | High | Low | Value | Volume |
| $2.53 | $2.57 | $2.51 | $10.98M | 4.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13184 | $2.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 250 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| WGX (ASX) Chart |