WGR western gold resources limited.
Add to My Watchlist 0.00% ! 9.0¢

wgr and mlx transaction

  1. phogg
    502 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    10/05/12
    16:47
    Post #: 10159109
    Well hopefully it is a takeover with WGR getting part cash and part MLX shares. MLX undervalued, WGR undervalued and mlx has cash.

    i would imagine around the 25 - 30c mark is about right and although it is not a great premium - those that take MLX scrip will benefit in the future. (assuming that is what will happen!)

    i hold both - Fosters have targets double both the current prices so i expect Fosters will cover this deal (whatever it is) quite thoroughly.

    good luck all.
    WGR Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Couples and cash: How to stay aligned with your finances
right-arrow Created with Sketch.
NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
NEWS DealRoom - Gain Access to exclusive capital raises and investment opportunities
right-arrow Created with Sketch.
WCE West Coast Silver defines near mine high priority targets defined at Elizabeth Hill
right-arrow Created with Sketch.
NEWS Power mulls Santa Anna option after cracking into wide zones of niobium, rare earths
right-arrow Created with Sketch.
PSC Prospect Resources: Strike Extensions to Nyungu Central Copper Deposit
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
9.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $20.70M
Open High Low Value Volume
9.1¢ 9.1¢ 9.0¢ $25.04K 276.6K

Buyers (Bids)

No. Vol. Price($)
2 202500 8.9¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 5460 1
View Market Depth
Last trade - 11.15am 07/08/2025 (20 minute delay) ?
WGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.