No leaks in relation to the capital raise, which is unusual. Its likely to be a very important announcement as the level of the raise will telegraph and speak volumes for the long term trajectory of this stock. Options are:
1. AUE has found areas outside the current license that are highly prospective, and have agreed to purchase these from XYZ (I consider this to be likely);
2. General and ongoing working capital to drill more and faster (I consider this to be likely);
3. Early setup of a plant (unlikely).
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $159.7M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 48.0¢ | $3.349K | 6.978K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1318462 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 16486 | 2 |
View Market Depth
| Last trade - 10.48am 01/08/2025 (20 minute delay) ? |
| AUE (ASX) Chart |