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2.22%

44.0¢ ausgold limited

Ann: Proposed Consolidation of Capital, page-223

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UMkMyMny

770 Posts.

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17/07/24

22:07

Post #: 74802289
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Originally posted by coto: ↑

Sorry, for new holders, sometimes I like to give Joe a bit of food for thought from a perspective he may never think from. I have been doing in for 5 years in here, covid was fun haha!

Now back to gold - We did not have the huge green day some expected after the record-breaking news and gold price trend. However, the volume was incredibly high and one of the best volume days in a while. This has no doubt burnt through a lot of loose hands and at one moment today I saw a large wall taken out around 4.1c. These are important areas to breach as we confirm an uptrend and possible break out. As we soak up these stale, excess shares during high volume days, it means there is less resistance for the next leg up. We have a lot of important newsflow items coming up to get us closer to production and we may be getting close to a significant re rate in the next few months IMO. This is inevitable if we continue getting decent volume days like we saw today. The market is definitely interested right now and it shows that many investors have done their homework on a 3moz plus gold developer deserving a much higher market cap IMO.

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The volume was huge but in the scheme of things 10.9 mil divede by 10.. not that exciting.

AUC Price at posting: 4.2¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 44.0¢		Change -0.010(2.22%)		Mkt cap ! $156.7M

Open	High	Low	Value	Volume
45.0¢	45.5¢	44.0¢	$165.2K	368.8K

Buyers (Bids)

No.	Vol.	Price($)
3	61299	44.0¢

Sellers (Offers)

Price($)	Vol.	No.
45.5¢	10000	1

View Market Depth

No.	Vol.	Price($)
3	61299	0.440
2	71697	0.430
1	80000	0.425
2	11000	0.420
1	519	0.410

Price($)	Vol.	No.
0.455	10000	1
0.480	6900	1
0.485	16863	2
0.495	3000	1
0.500	85933	4

Last trade - 16.10pm 02/10/2024 (20 minute delay)

AUC (ASX) Chart