Guys I just posted on the AGO forum.
It's possible we might be looking at a possible takeover by AGO. They already own 19.43% or WRK and have suspended their stock from trading while they work out details of a capital raising.
However, they don't actually need the money now. They have 50 mil in the bank and low CAPEX, so it must be for an acquisition.
With a floundering share price maybe they are looking at a formal takeover of WRK, it fits the AGO model perfectly.
Thoughts?
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Last
6.0¢ |
Change
0.002(3.45%) |
Mkt cap ! $101.5M |
Open | High | Low | Value | Volume |
5.9¢ | 6.0¢ | 5.9¢ | $9.15K | 154.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 235971 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 171044 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 235971 | 0.058 |
1 | 120000 | 0.057 |
1 | 257000 | 0.055 |
1 | 4037 | 0.054 |
1 | 37500 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 171044 | 2 |
0.063 | 32752 | 1 |
0.064 | 76105 | 1 |
0.067 | 397656 | 3 |
0.068 | 999206 | 2 |
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