AUZ 16.7% 1.4¢ australian mines limited

pennant flag beakout looming, page-3

  1. 5,391 Posts.
    yes the share price line has broken through the short term downtrend line and should close around 7.8c tonite if the run is significant...regardless it may generate some interest at tomorrows open...i believe the 2nd quarter results due out in a few weeks or sooner....looks good and is trading undervalue...may head back up towards 9c
    more importantly they are generating profit for the shareholders so if they can ramp up more production we shoudl see a steady incline...an indicative market value would be 10-11c
 
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