AGU 0.00% 1.4¢ aurium resources limited

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  1. 544 Posts.
    Really, other way round my friend - DUO about 5% and FEL about 1%. Looks like FEL have dumped all stock in PDY in the last week or so (from AGM to Monday anyway). New Top 20 may go out next week and should verify after Monday's T+3 IMO. Cappers now appear in PDY at 1.9 and 2.0c.

    Personally think we will see an extension from DUO as they don't have the cash to pay for stock without having to do a Cap raising to fund their next quarters expenses unless they dumo them straight away.

    As a buying opportunity, sitting in the depth with a buy order just in case they do dump may be an option as you will probably pick up stock at much lower than current prices as we have seen how little volume is being traded compared to PDY. Wouldn't put it past DUO to dump "at-market" as a last sour grapes move and plunge the SP.

    PS. I'm sitting in the buy depth at 3 levels ;)....

 
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