This post is my opinion and I have provided the facts, calculations and charts to support this.
Hi Chocklips
For a long time I have been considerate and thoughtful of your views, I have thought that you are at least trying a little.
For a long time going back to 2017 I have had interaction with AUZ as a shareholder and NOT.
I have always tried to present my information with the highest level of integrity and accuracy, If I made a mistake on a number It would be by accident and never intentional. I promise that.
I have always been intentional about my posts and that will not change.
Fortunately for you and others, I actually provide the detail, I provide detail in such manner that it is possible and open for correction if mistakes are made.
I am not perfect, but I am mostly about 95% correct in everything I present. I NEVER deliberately deceive and I provide the detail unlike most here.
You do not get weasel words from me Choclips.
Choclips, you have said on an AUZ platform thread that Ardea I quote (
has tumbled from $1.88 ish to .54c in 16 months? some heavy losses for sure.. ouch)
Lets get some additional facts on the table for you my friend.
This below is the Australian Mines chart going back to the April highs of 2022, in this there is a previous high and current low.
This below is the Ardea Resources chart going back to the April highs of 2022, in this there is a previous high and current low.
Lets look at the loss of shareholder value through share price for both these companies. If I get this wrong, please tell me.
| | Ardea Resources | Australian Mines |
|---|
| 1 | | | |
|---|
| 2 | April 2022 High | $2.010 | $0.240 |
|---|
| 3 | October 2023 Low | $0.540 | $0.013 |
|---|
| 4 | | | |
|---|
| 5 | Retained Shareholder Value % | 26.87% | 5.42% |
|---|
| 6 | Loss Multiplier (Times) | 3.72 | 18.46 |
|---|
| 7 | Comment | Significantly better | Significantly worse |
|---|
| 8 | | Comparatively | Comparatively |
|---|
In this table you will note that Ardea Resources has in fact retained more value % for shareholders compared to Australian Mines by a very large margin.
You will also note that the losses as a divisible multiple are significantly better for Ardea Resources as well.
These facts show unequivocally that Ardea is performing significantly better as a company based on share price over a specific timeframe.
Choclips, when you throw stones, be careful.
RED
(20min delay)