The December 2018 Annual Report shows a holding in Westgold at $1.035m, equates to 1.176m WGX shares at $0.88/share.
Hopefully I have not been wrong in my silent praise for NGE over this holding, which has had one of the best charts of all on the ASX since December/January & now trading at $2.15 for a 145% gain and $1.5m profit - of course if still held. SP at 31 July was $1.93.
Have reviewed all NGE investment reports since 31 December and can find no mention of WGX - although possible I may have overlooked somehow.
At 31 July this should have been 6.7% of NTA. Where is the WGX investment NGE?
Anyone? Thanks.
NGE Price at posting:
67.0¢ Sentiment: Hold Disclosure: Held
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