Part quote.
Not much can go wrong for AUZ from here IMO, and as such the current SP which is about 32% lower than the all time high is still very much undervalued compared to potential
What you have written about AUZ, is just what i said about a company about to produce.
First mine to produce in Britain in fifty years.
Devon area of England loved them...."what could possibly go wrong".
BLOODY EVERYTHING.
The product was tungsten, and the price of tungsten nosed dived.
They are deep in debt.
Share price was ranging from a high of 50 cent down to 40 cents ---- no worries.
Today the share price is 0.057 cents.
My entries 30 cents, 36 cents, 28, 18, 10 cents.
I am down tens of thousands upon tens of thousands of dollars.
If you are interested read up on them, as you said no such thing as a safe bet.
WLF is their ASX code.
AUZ - chart, page-1803
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $1.118K | 139.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 4584721 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 4186303 | 13 |
View Market Depth
| Last trade - 10.00am 02/10/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |