AUZ 14.3% 0.8¢ australian mines limited

beaware:289million new shares 1cent

  1. 2,119 Posts.
    also there was a big short fall of around 110 million shares in the rights issue

    plenty of loose stock around

    the only positive is directors bought aroun 50million of these shares

    i looked in their previous announcements
    the only thing is i feel they are turning into positive cash flow from their nickel operations

    a lot of LOOSE STOCK AROUND......
    IAM NOT COMMITING FUNDS TO THIS YET.....
    NEEDS FEW BIG DAYS TO GET RID OF OVERHANG FROM RIGHTS ISSUE
    CHEERS
    CAVEAT EMPTOR
 
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