Australian (ASX) Stock Market Forum

WPG - WPG Resources

PEWWWW mega crash fail poop... bang...

Meh looks like I'll be waiting around on the bounce back...
 
Hi,

I thought I may as well resurrect the thread given its recent price action. The rise wasn't missed by the ASX who sent them a speeding ticket yesterday, which can be read at this link:-

http://www.stocknessmonster.com/news-item?S=WPG&E=ASX&N=917183

Today's action saw the stock close at 9c an increase of just over 8% from yesterdays close. The negative was it was achieved on much lower volume. The positive was it crossed the zero line on the MACD.

WPGs.jpg
 
WPG slides 32.43% to 2.5c after releasing their full year statutory accounts on Friday. Ouch! :(

The last 12 months have been a real roller coaster ride for WPG shareholders. Sadly, it's mostly been down. Lets hope better times are around the corner.

wpg.chart.png
 
Lets hope better times are around the corner.

A better day for WPG today.

This morning the company reported "spectacular" gold intercepts from the current round of infill Grade Control Drilling in the argillic altered zone of the Perseverance Pit. Details are below:

screenshot-www.aspecthuntley.com.au-2018-02-07-18-08-46.png


The company finished up a whopping 87.50% today at 3c, an increase of 1.4c on yesterday's close of 1.6c. The share price hit a high of 3.9c at around 11am but retreated from those levels in the afternoon.
 
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