AUZ 14.3% 0.8¢ australian mines limited

AUZ - chart, page-1978

  1. 102 Posts.
    lightbulb Created with Sketch. 17
    From TA point of view, I agreed with you, low volume means there is not many ppl selling at this level, however, not many buyers neither. FA tells us the direction is north, just need catalysts coming in to resume buying power.
    We all know listed company has obligation to disclose sensible information to market when they are aware. But i believe company has sort of control regarding to the timing to receive sensible information. Compared with other cobalt players, AUZ is relatively conservative, which means if they want, they have more options to trigger price movement.
    When i said other cobalt player, i was referring to COB. Their CEO used to work as an Investment manager, he knows exactly what market wants to know and when to tell them. When there is no upcoming material project related catalysts, he used to release a Q&A session or some interviews to maintain share price.
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.