No leaks in relation to the capital raise, which is unusual. Its likely to be a very important announcement as the level of the raise will telegraph and speak volumes for the long term trajectory of this stock. Options are:
1. AUE has found areas outside the current license that are highly prospective, and have agreed to purchase these from XYZ (I consider this to be likely);
2. General and ongoing working capital to drill more and faster (I consider this to be likely);
3. Early setup of a plant (unlikely).
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Last
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $158.1M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 47.5¢ | $144K | 297.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1366960 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 51451 | 2 |
View Market Depth
| Last trade - 15.30pm 31/07/2025 (20 minute delay) ? |
| AUE (ASX) Chart |