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.
This is a well timed and priced placement IMO (I was expecting a...
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $16.17M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $10.81K | 56.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43945 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.54pm 07/11/2024 (20 minute delay) ? |
| WMG (ASX) Chart |