WGR 0.00% 16.5¢ western gold resources limited.

wgr and mlx transaction

  1. 502 Posts.
    lightbulb Created with Sketch. 1
    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.
watchlist Created with Sketch. Add WGR (ASX) to my watchlist
(20min delay)
Mkt cap ! $13.42M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 54319 16.0¢

Sellers (Offers)

Price($) Vol. No.
17.0¢ 31824 3
View Market Depth
Last trade - 16.12pm 19/01/2022 (20 minute delay) ?
WGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.