Auric has approximately 1100 shareholders. The top 100 shareholders own 76% of the stock. That leaves about 1000 who have 24% of the company. Trading from amongst the top 100 is relatively small, They are sitting on their shareholding and sometimes even adding to it. As I've said before the largest shareholder has close to 12% of the stock. He seems happy with his investment and as a high net worth individual is hardly likely to be in it for a quick buck. The Immediate strategy of mining Munda, putting the last ore from Jeffreys through the mill, then moving on to mine Parrot Feathers @ Lindsay's is aggressive, but achievable from a competent management team. The rooster will come home to roost, but it isn't dark yet. Give this baby a few more months and the real action will start. As @fitnfam suggests, time to add on to your holding or dip your toe in the water.
AWJ Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
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