Looks like a decent transfer of value from WGX to Karora shareholders.
Apart from the corporate synergies I doubt they get within cooee of the operational synergy assumption given lack of overlapping operations. Otherwise every gold stock would be merging to achieve "synergies" based on scale alone.
You can probably argue there is some diversification benefits and Karora appears to have a slightly lower AISC and hence more profitable ounces but as we know the latter can be "massaged" very easily to get the number you want...
- Forums
- ASX - By Stock
- News: WGX Westgold Resources And Karora Resources Agreed To Combine In A Merger
Looks like a decent transfer of value from WGX to Karora...
-
- There are more pages in this discussion • 118 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WGX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.11 |
Change
0.130(4.36%) |
Mkt cap ! $2.933B |
Open | High | Low | Value | Volume |
$2.95 | $3.12 | $2.94 | $23.59M | 7.712M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 163 | $3.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.12 | 24620 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30131 | 3.090 |
1 | 5131 | 3.080 |
1 | 5131 | 3.070 |
3 | 7764 | 3.060 |
1 | 5131 | 3.050 |
Price($) | Vol. | No. |
---|---|---|
3.120 | 24620 | 3 |
3.140 | 6000 | 1 |
3.150 | 40381 | 7 |
3.160 | 6781 | 3 |
3.170 | 12781 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
WGX (ASX) Chart |