This is a well timed and priced placement IMO (I was expecting a bigger discount tbh). Allows WMG to drill until at least the end of CY2023 and removes the capital raising uncertainty that was probably keeping a lid on the stock over the last well 2 trading sessions. FWIW, and after watching the presentation in Singapore, the MD appears to be very confident that WMG is vectoring in on economic grades in a mega mineralised system.
Ann: Trading Halt, page-23
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $21.43M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.0¢ | $5.872K | 23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37692 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 11196 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WMG (ASX) Chart |