Cheers but 3 - 2 = 1 point supporting the pursuit of funding when the 3 reasons weren’t enough is not painting myself in to a corner. That incredibly simple point is why I believe this post is relevant because it compares this offer to the one which failed to entice funding.
Scattergun? Look at it from the side of the poor ( now poorer ), retailers who just bought in at over 2.5 cents, some of whom may have visited this forum and said to themselves ‘wow! There’s bankers* and even an industry expert* defending this! It must be worth risking my hard earned savings!’
One little scattergun against a flock all singing ‘we can see a pot of gold from our lofty ( unsubstantiated ), position up here!’
*None of which have provided credentials.
Again. I hope it works but one must admit that 3 reasons for funding were better than the 1 presented now.... especially when the remaining 1 reason is itself a worse return ( MHP is a apparently a worse return scenario for the producer, in this case AUZ ), for the company.
Don’t forget- BHP etc are ramping up production to meet the market ( as they are more than capable of doing ), as we speak....
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0.8¢ |
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Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 22282501 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 985192 | 8 |
View Market Depth
No. | Vol. | Price($) |
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43 | 21532499 | 0.007 |
22 | 13042557 | 0.006 |
10 | 3735000 | 0.005 |
6 | 3480000 | 0.004 |
3 | 12400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 985192 | 8 |
0.009 | 5303084 | 18 |
0.010 | 3518627 | 23 |
0.011 | 3081784 | 13 |
0.012 | 4766169 | 8 |
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