AUZ 7.14% 0.8¢ australian mines limited

Don't shoot the messenger, page-8

  1. 1,830 Posts.
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    Could be down ramping, could be that I want to get back in at a lower price, yes that’s it. Lower price pls.

    But, trying to be as objective as possible and not be howled down, I am one of the lucky ones who bought at 2.2 and sold at 13.75 yesterday. I held 2 mill shares so as you can appreciate this was a big decision to sell and probably blind luck that I bought when I did. I did see amazing unloved potential at 1.6, but didnt buy until I saw the spike.

    Once you sell your sentiment does change, so I think I can speak objectively. Long/med term this could be huge and keep going and if I miss the rise I miss it. The 2 mines are the key to AUZ and I can see it going further and I have just appreciated the ride over that past few weeks. Certainly makes up for a few losses over the journey.

    I do genuinely feel that auz has ran too hard and will fall back. What that number is, I don’t know, perhaps 10 cents? The market cap is getting up there now and let’s not forget cash was raised at 8.5. Normally, not always but normally share price will go back to the cap raise price or close. Clq raised 80 million at 80 cents and they dropped back to 60 cents. And stayed there for a while before we it hit $1.60. AVZ raised 13 mill at 7 cents and they dropped back. Look at them now, but they did have breather. Don’t expect this to just keep shooting up like a rocket, like most of the posters are talking.

    My gut feel tells me that right at the minute there might be some better plays. I will be back, hopefully but out for the minute.

    Sorry Holder’s, just speaking honestly and objectively as a non holder.
 
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Last
0.8¢
Change
0.001(7.14%)
Mkt cap ! $9.789M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $188 25K

Buyers (Bids)

No. Vol. Price($)
19 3568436 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2961544 11
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Last trade - 11.07am 18/09/2024 (20 minute delay) ?
AUZ (ASX) Chart
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