AUZ 0.00% 0.8¢ australian mines limited

I would like to see the BOD get their act together and strip out...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,648 Posts.
    lightbulb Created with Sketch. 1293
    I would like to see the BOD get their act together and strip out Flemington and the other projects as they suggested they would do.

    I think Flemington particularly is very promising not forgetting the other projects - I don't believe there is any value attributed in the current share price of AUZ by the potential ofj those projects.

    If AUZ gets funding it is likely to include an equity raising which would provide any new equity holders with a percentage share of those projects - far better to strip them out now for the benefit of long suffering existing shareholders rather dilute their interest in those projects .The experience following the NWM demerger show there is potential value in stripping out the other projects .
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $29.28K 3.691M

Buyers (Bids)

No. Vol. Price($)
46 13305467 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 291010 2
View Market Depth
Last trade - 16.10pm 07/10/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.