I exited this stock before the consolidation but have Re entered at these levels. AIS so linked to the Cu price it’s not funny. The gold assets are keeping cash inflows reasonable but the big upside is obviously Cu with every .10 cents per pound increase adding $6.4 million to the bottom line. So if some of the forecasts of a $9800 per tonne forecast are fulfilled over coming years then AIS would be banking an additional AU $60million each year. Risk v reward. I feel that this has bottomed or at least very close.
GLTAH
cheers Rb
I exited this stock before the consolidation but have Re entered...
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $251.5M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.5¢ | $134.4K | 517.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 774184 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 99247 | 17 |
View Market Depth
| Last trade - 11.16am 03/05/2024 (20 minute delay) ? |
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Last
26.0¢ |
Change
-0.005 ( 0.12 %) |
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| Open | High | Low | Volume | ||
| 26.0¢ | 26.5¢ | 25.5¢ | 614838 | ||
| Last updated 11.42am 03/05/2024 ? | |||||
| AIS (ASX) Chart |