WGX westgold resources limited.

Why is this so highly shorted atm?

  1. 2,236 Posts.
    lightbulb Created with Sketch. 487
    Merge complete
    No debt
    $100m facility undrawn
    $165m cash
    400,000+Oz production
    AISC dropping
    Good exploration and growth profile
    Totally unhedged I believe..

    How will these shorts get out with no need for a Capital raise, gold looking very strong and plenty of increase in reserve.

    What am I missing?
 
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(20min delay)
Last
$3.14
Change
-0.170(5.14%)
Mkt cap ! $2.961B
Open High Low Value Volume
$3.38 $3.38 $3.11 $20.11M 6.333M

Buyers (Bids)

No. Vol. Price($)
34 40958 $3.13
 

Sellers (Offers)

Price($) Vol. No.
$3.14 40216 23
View Market Depth
Last trade - 15.09pm 16/06/2025 (20 minute delay) ?
WGX (ASX) Chart
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