most gold exploration stocks are cooked and in a full blown bear market.
liquidity is so bad.
a higher sp just creates more room for the SP to be sold down into.
the Billion SOI isn't appealing but i'd prefer being sold down at 0.1 cent at a time as compared to in 0.5cent increments at a time.
we've seen it plenty of times recently during this bear market and investors even instos aren't afraid to irrationally sell their positions at massive losses and have no concerns about driving the SP down.
I'd prefer we get to the point where we're down with cap raises before consolidating.
no is definitely not a time to F A & F O
Ann: Consolidation/Split - AUC, page-6
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Last
51.0¢ |
Change
-0.005(0.97%) |
Mkt cap ! $181.7M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 50.5¢ | $301.1K | 590.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 14995 | 1 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| AUC (ASX) Chart |