Take a step back old mate.
Look at the 3-month chart.
Two rejection wicks off support shows us that there is a high probability that the lows are in!
Let's have a look at the fundamentals.
WGX is trading at a near on 60% discount to Net Tangible Assets.
Their mining fleet replacement value and cash balance alone eclipses their current Market Cap.
Granted this bad boy has been frustrating to trade from an insto ping pong standpoint, but this insto's game is a finite one.
Once the hand brake is finally taken off, or if there is a tangible operational turnaround, then this stock can potentially 3x in quick fashion.
Take a step back old mate.Look at the 3-month chart.Two...
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Last
$2.94 |
Change
-0.030(1.01%) |
Mkt cap ! $2.777B | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.98 | $2.93 | $2.850M | 969.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 46724 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 62482 | 37 |
View Market Depth
| Last trade - 14.43pm 20/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |