Absolutely... You must assume that the project will ultimately be a failure but the prospect of 'potential' success is what attracts speculators and that is where you will make money...
As exploration approaches more and more will want to place bets and will be bidding up the price of your shares... At that point you either sell to them or roll the dice and hold...
At these levels and this valuation there is much more upside than downside...100% downside or 1000%+ upside
As stated shares on issue is relatively low - 700m
Every cent on AAJ share price is 7m at this point
They hit some nice gold grades and this could justify 20-30m MC (3-4c) no probs
IMO obviously
Absolutely... You must assume that the project will ultimately...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $3.774M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $9.298K | 495.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 431052 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 224465 | 3 |
View Market Depth
| Last trade - 10.19am 01/11/2024 (20 minute delay) ? |
| AAJ (ASX) Chart |