Nobody with half a brain listens to lazy knee jerk negativity so blatant that it is transparently obvious what motivates it. Part of the scenery unfortunately with any stock with huge potential and a big retail holder base. Another one for the ignore list.
Admittedly not much new and substantive in this announcement that affects the short term equation. However, they are thinking long term strategy and there remains no comments setting up an excuse for slipping finance dates - still very strong on a pre-30 June financing decision. All gives a positive vibe.
If they are confident that finance will come together, any CR (if needed) will come after the announcement.
My small wager is that someone in the finance mix being offered scrip at current average prices. If so, they'll see a huge lift in value when the announcement comes. AUZ are trying to lift the price with announcements. Others savvy to these cues are probably trying to keep the price down whilst they accumulate - which circles back to the first line of this post ....
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34 | 50424111 | 0.006 |
14 | 31150199 | 0.005 |
8 | 7154750 | 0.004 |
3 | 2400001 | 0.003 |
Price($) | Vol. | No. |
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0.009 | 3232695 | 13 |
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