Any additional expenses including staff increases the amount of dilution when a company is not making money.
However, I see this as a very positive and necessary move. I thought our recent trading halt/suspension was damaging to our reputation. The last thing you want as a fledgling small cap is to come across as unprofessional.
Good news IMO.
Ann: AUZ appoints Investor Relations Manager, page-33
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $22.75K | 3.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 13500291 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1837974 | 14 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |