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).
Ann: Trading Halt, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.0¢ |
Change
-0.030(6.25%) |
Mkt cap ! $68.56M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 44.0¢ | $100.5K | 222.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 83479 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 59785 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AUE (ASX) Chart |