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ASX Runners of the Week: Wellnex, Pentanet, Gwardar & Codrus
['The West Australian']
The West Australian
Despite the goldies dominating the headlines this week, the Bulls N Bears Runners list is surprisingly devoid of the shiny yellow metal.
By cashing out Pain Away — a business that generated $13.38 million in revenue and $4.36 million in EBITDA last year — Wellnex has brought forward its cashflow.
Gwardar holds two core assets in the Kurnalpi project and the Doolgunna project, both located in Western Australia.
They include a stellar 12-metre hit running 3.27 per cent copper, 0.66 per cent zinc, 51 grams per tonne (g/t) silver and 0.26 per cent tin from just 36m.
Falling just short of Runners glory this week but still getting lots of love from Diggers and Dealers delegates was a flurry of mid-tier goldies.