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14.3%

0.8¢ australian mines limited

Battery Giant LG Chem Prepares to Lock In Mineral Supplies (yahoo.com), page-969

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Tony barber

6,387 Posts.

683

15/04/23

19:48

Post #: 67293625
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Originally posted by Successwillcome ↑

The outcome is what matters not the share price today (unless you sell or buy).

I think I can speak for a few HC posters when feeling sad for you.

Losing money on AUZ (as per your own statement) and now your favourite stock is down more than 40% the last year.

It just supports the notion of diversification.

Hope you have learned your lesson and can move ahead being a better Hotdogrob.

As for me I have diversified and am thinking seriously about adding more AUZ shares to my collection at these prices.

If you look at the marked cap of $14.6m our tenements are cheap in my opinion but I don't know the outcome just like nobody else on HC knows the outcome.

Hope you will recover and then hopefully the chip on your shoulder will become somewhat smaller.

All in my opinion and not investment advice.

Do your own research.

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Diversification doesn't always work.
5 or 6 years ago I spent 3 days reading announcements on two stocks.

One I held $30k in. The other I thought may provide diversification.
I had another $30k to use.

Stock A which I held I bought at $5.60.
Stock B which I decided to buy fell over in about 2 months.

Stock B was get swift. (Lying crooks)
Stock A went from $5.60 to $160. It was afterpay. Diversification was stupid.

AUZ Price at posting: 2.6¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$760	94.97K

Buyers (Bids)

No.	Vol.	Price($)
40	10196179	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	473959	8

View Market Depth

No.	Vol.	Price($)
40	10196179	0.007
18	10503791	0.006
17	19086666	0.005
5	3000000	0.004
2	2175000	0.003

Price($)	Vol.	No.
0.008	473959	8
0.009	5975725	11
0.010	7869616	25
0.011	3489022	9
0.012	6699701	10

Last trade - 10.00am 27/06/2024 (20 minute delay)

AUZ (ASX) Chart