ARL 7.29% 44.5¢ ardea resources limited

Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-250

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  1. 3,329 Posts.
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    Hi Jacko
    I just looked at the AUZ insert from 8/8/23 with a price of $0.019c per share in your post.
    The current AUZ price is $0.01c per share, that a loss of 47% in just 9 months.
    If Randy is still in its got to hurt considering his position goes back many years.

    Sadly management of that company have treated shareholders like a piggy bank.
    Sorry for your loss Randy, its not right what AUZ management have done.

    With regards to Ardea Resources, In the 7 years of existence management have looked after the money very carefully, this has led to a share registry of just 199,562,915 shares on the market. This is a remarkable achievement.

    Ardea has minimal dilution in comparison with AUZ with billions and billions of shares including a consolidation over the same timeframe.
    RED
    Last edited by RED328: 03/05/24
 
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