"Westgold Resources was pitching investors for $100 million in fresh funds on Thursday morning.
The placement was priced at $2.10 a share, a 13.9 per cent discount to the last traded price, according to the term sheets sent to investors.Sources said the Westgold’s raise launched with some global gold funds and large Australian funds onboard as cornerstone investors.
The funds would go towards Murchison and Byrah expansion projects, regional corporate targets, and general working capital."
AFR Street talk this morning
WGX Capital Raising, page-3
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Last
$1.23 |
Change
0.115(10.3%) |
Mkt cap ! $1.368B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.24 | $1.16 | $9.269M | 7.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3500 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 26786 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |