Jonny, they bought into AME. I am guessing that is it for now...
As I posted earlier though, I really do struggle to understand why WGX does not massively increase their exploration spend, instead of buying AME. They have plants that are hungry. They should be focusing on maximizing grades, profit and everything else... should be secondary, at least until they can actually prove they meet guidance for more than 12 months.
I don't think many view WGX as overvalued. The issue, is whether they can finally turn their operations around consistently.
Ann: Trading Update FY21, page-52
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Last
$2.56 |
Change
-0.060(2.29%) |
Mkt cap ! $1.213B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.62 | $2.56 | $8.190M | 3.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18514 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 3470 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WGX (ASX) Chart |