AUZ australian mines limited

My analysis - for what it's worth?Bells London statements -...

  1. 261 Posts.
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    My analysis - for what it's worth?
    Bells London statements - careless perhaps but I doubt that "intentionally misleading" will stick. I am actually unable to find the actual verbatim statements that ASIC "contend" to be at the heart of the action that I am sure would have been spurred on by a disgruntled former holder.
    Continuous disclosure might be an issue but neither are hanging offences. A kick in the arse, a fine at the lower end and a period of disqualification as a director will be likely outcome if any of the charges stick at all.
    it is not unusual for ASIC to start off half cocked and breathing fire then fizzle to a whimper and withdrawal of action when there is little or no public benefit / interest.
    I feel AUZ will move on quickly. The resource is still there and LG presumably still needs it.
 
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Last
0.8¢
Change
-0.002(20.0%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $89.99K 10.09M

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No. Vol. Price($)
31 21470316 0.8¢
 

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Price($) Vol. No.
0.9¢ 506000 2
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Last trade - 16.10pm 07/07/2025 (20 minute delay) ?
AUZ (ASX) Chart
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