12-18 months time AUX = ??, page-6

My thoughts on the reasons for today's drop are:
1. A normal retracement after an almighty run.
2. Overall market drop causing some to withdraw some funds across multiple holdings.
3. Desire to place funds elsewhere
4. In line with other stocks in the Electric vehicle battery space today.

I sold some today as I also did yesterday, I am looking to spend on a new car and also wishing to build a "war chest" of funds for a couple of capital raisings I sense to be likely in other stocks I hold.
Some liquidity is always a good thing. If the price of AUZ drops a bit further I will be in a position to buy.

I am sure that many other seasoned shareholders would have been doing the same as me today, for much the same reasons. Having been investing for the past 50 years I have learnt the value of the cash component in a diverse portfolio.

I have kept a Hold position and sentiment here as that is my overall sentiment, trading a portion of my holding has not changed my overall confidence in this stock's future.