Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-90

Not always bad news. Can be bad news. GXY was a counter example. Company a bit of a mess. 1 for 10 from 4c to 40c. Most people sold between $3 and $5 before Orocobre came in.

We're in the explorer/discoverer arena here. That's a cycle of limited funds, CR, try something, it fails, try again, rinse repeat. Do a CR you get caned, do nothing because you didn't do a CR you get caned. Do a consolidation to generate liquidity in a share you get caned.

I usually hold about 10 of these types of shares at a time. 1 in 10 the rinse repeat cycle works out eventually and I'm happy. Sometimes more, sometimes less. Its a fun segment, but you have to accept failures and move on. Never get too caught up in them or go in deeper than you can afford to lose. Otherwise when it fails it can become an unhealthy obsession.

That means maybe 9 of the 10 shares fail. Pretty standard and we could be talking about any one of 5,000 similar shares on the ASX. AUZ isn't special. Given 99% of posters on here are ex-holders I can see it's been disappointing. Just never seen those numbers in this type of share before but hope it helps.