I am thinking that if (and emphasis on the IF part) there was to be another cap raise to fund the pipeline projects exploration, then it would be better served to the share register and diversify with those Investors to come from abroad rather than the Australian market again.
I would prefer to see extra investors come to the registery from those other regions, in particular Canda, as they're already more comfortable with the jurisdiction that AAU intends to operate in via Sherritt International (a Canadian miner) having been in Cuba for almost 30 years now.
It's a scenario that would dove tail into the next few weeks Investor Tours in the UK and Canada too.
So maybe Australian Investors have seen their last opportunity for Cap Raise participation in the recently completed April raise ? and we're looking at on-market buying to continue to accumulate / take positions ?
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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46 | 43746007 | 0.3¢ |
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33 | 49791035 | 0.002 |
11 | 25699950 | 0.001 |
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Price($) | Vol. | No. |
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0.004 | 27713460 | 22 |
0.005 | 2210404 | 6 |
0.006 | 1105216 | 3 |
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