Was 0.275 the bottom or not? Take your pick from the below charts.
I think it's always good to put things into some perspective... so at 0.275 the actual share price pre-consolidation days would see AIS trading at 0.039 cents. The last time AIS was trading this low (0.029) was back in 2020 when they only had 1 operation with Tritton, $13M cash in bank and $60M debt. The situation was looking very dire and so the share price was justified. The company today is by far a different beast from back then. Today they have 4 producing operations, 1 long life project, growing reserves on multiple fronts, making new discoveries, $52-69M cash in bank and 0 debt. They say opportunities present themselves once-in-a-lifetime.... well this good be one of them IMO.
Good luck all.
Was 0.275 the bottom or not? Take your pick from the below...
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 (20min delay)
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $159.6M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $255.0K | 1.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 446250 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 104000 | 4 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| AIS (ASX) Chart |