AUC 2.94% 3.3¢ ausgold limited

AUC Target 12c - Strategic Target 18c, page-36

  1. 11,254 Posts.
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    Long term hold for me, it is a no brainer with the way the global economy is going. Gold will be king in the next few years. Just read another news article about inflation concerns regarding the USA today. A lot is happening and the printed money from socialist Biden is getting burnt big time. More and more will need to come, it grows on trees remember

    GDP in the majority of countries seems to be at worrying points still, approaching 2 years since pandemic outbreak (except Australia which is bucking the trend). It will be interesting to see when and how it all comes unstuck. Only a matter of time. Will Basel II at the end of this month be a catalyst? Or further manipulation of markets by China to weaken the west? We will have to see how it plays out. I am very bullish for the 2nd half of 2021.

    Share price movements in the short term is not a worry for me, especially at the end of financial year which is always sporadic. I am here long term, since buying at 1c I am 400% up on my holding for AUC and have absolutely no plans to sell any time soon. All is good in my view. If anyone else is worried about short term fluctuations then the sharemarket is not for you. The price the past year has reflected value and those who entered at the good points are no doubt in some sort of profit. Those who bought at the high, at some point again soon it will go for another jump due to encouraging global market factors for gold and big upcoming AUC newsflow imo.

    Hold strong! The weak who have sold out, I am happy you made a profit but your viewpoints no longer stand for me as non-holders since your sentiment and motives have now changed.

    Good luck everyone!
 
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Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $91.15M
Open High Low Value Volume
3.4¢ 3.5¢ 3.3¢ $179.0K 5.338M

Buyers (Bids)

No. Vol. Price($)
17 3355248 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 355024 1
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
AUC (ASX) Chart
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