Given the current price of WGX....and their cash holdings.....I'd argue that a takeover at a rate of say 3:5 would be very sensible.
Creating an entity with a mkt cap of $600mln....$250mln in cash...and annual production of 200,000oz min!
That would have upside....and I'd be in.
Thoughts?
Given the current price of WGX....and their cash...
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Last
91.5¢ |
Change
0.095(11.6%) |
Mkt cap ! $1.002B | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 91.5¢ | 86.5¢ | $7.549M | 8.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27930 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.5¢ | 21050 | 4 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| SPR (ASX) Chart |