I think a 100/1 consolidation is required, gets rid of the day traders and they will need that sort of price to raise the $250M to build the plant. I have been in and out of this stock for the last 5 years but always held big numbers (+2M shares) and I just sense there is a factor where the market doesn't believe the story. It makes sense to me ( the project) but the stock can't make any headway, the +8M shares traded today in a downward trend backs that up.
Ann: Ausgold raises $38M to accelerate development of the KGP, page-33
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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¢ | $117.5K | 3.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2287890 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1010500 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AUC (ASX) Chart |