Hi Joelstar,
I only own WGX so I may be a bit biased. Both companies have suppressed stock prices so a script deal isn’t bad for either. In some ways I would have preferred WGX to stump up with the $100m in cash to avoid dilution, but keeping the cash in the bank is safer if the gold price dives. I think it’s a good move at a fair price for GCY.
I can understand some long term underwater GCY holders hoping for a higher bid, but it looks a whole lot better than the Firefly deal. I’ve been following GCY for some time, but decided against buying when I saw the Firefly deal.
Cheers
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Last
$2.42 |
Change
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Mkt cap ! $1.146B |
Open | High | Low | Value | Volume |
$2.37 | $2.43 | $2.33 | $7.887M | 3.286M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11224 | $2.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.43 | 18381 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11224 | 2.410 |
1 | 4661 | 2.400 |
1 | 4661 | 2.390 |
2 | 5661 | 2.380 |
2 | 5161 | 2.370 |
Price($) | Vol. | No. |
---|---|---|
2.430 | 4661 | 1 |
2.440 | 4661 | 1 |
2.450 | 5890 | 2 |
2.460 | 4666 | 1 |
2.470 | 4666 | 1 |
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