This announcement is far more significant for AUZ, for starters AUZs market cap is nowhere even remotely near CLQs. By SK coming onboard that will certainly be addressed by the market
and decisively this time, secondly the crux of the news so far is that SK is going to buy everything at Sconi! For years and years, and then there is a option of a stake in AUZ being taken by SK.
We are still significantly undervalued compared with CLQ add to that the sp being felled by the Dow crap.
AUZ will rerate significantly next week so it’s mc is much more aligned to CLQ which has always had the “big names in its corner” well AUZ now has that too adding massive credibility to everything associated with the company especially the value of Sconi alone!since linking with SK. Make no mistake this news for AUZ in one chunk is going to impact the market vastly different to CLQ in its two step and with its considerations.
The charts had our trajectory set weeks ago on just hope alone that next stop was 21- 23c and that’s exactly were we are headed in the next week with the possibility of spiking a bit higher.
People throw around the term company maker loosely sometimes but there is no doubt the clout that this news provides AUZ is certainly that.
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Mkt cap ! $18.18M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $5.874K | 451.8K |
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1.4¢ | 3593683 | 9 |
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11 | 20845999 | 0.012 |
13 | 35573367 | 0.011 |
12 | 11912810 | 0.010 |
7 | 9565777 | 0.009 |
Price($) | Vol. | No. |
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0.015 | 2086028 | 10 |
0.016 | 5653591 | 20 |
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