Ebner, to me it is not a trading game. I am not a short-term trader looking for a hit, I want to buy hard assets at a discount.
So call me dumb. But taking a position in AUZ now has a lot less risk than it did two weeks ago, specifically because there is the SK deal. You can call it chasing; from my perspective, it is a reduction to the risk in the project.
AUZ is essentially a call option on cobalt and nickel sulfate; I think they will be producing it; and I am bullish on the target commodities.
$13.20 Valuation, page-125
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Last
29.5¢ |
Change
-0.018(5.60%) |
Mkt cap ! $27.06M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 29.5¢ | $19.71K | 65.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 4457 | 2 |
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| Last trade - 12.26pm 11/11/2024 (20 minute delay) ? |
| SRL (ASX) Chart |