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1.3¢ australian mines limited

that's very interesting and i have been unfortunately a part of...

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PL24682468z

9,069 Posts.

755

01/08/24

16:09

Post #: 75030186
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Originally posted by hotdogrob: ↑

Why is it being held down so much..

I'd say there are a multitude of reasons..one being cash burn..

I've been following auz for a long time now and been in and out a bit over that time..

the one thing that seems to resonate with me..is whats the difference between AUZ and a joke cyptro coin..and if u dont know there are many joke cyptro coins offering nothing at all but hope..

Well in my opinion the difference between a joke cyptro coin and auz is the fact auz actually have cash burn..people on the inside taking exuberant amounts as cash passed off as wages slash salaries..that the difference as i see it and a dam good reason companies like auz continue to be held down..

I believe auz have done extremely well just to remain solvent..at least that way the board keep getting paid along with auz employees and shareholder get to experience the hopium..win win..

Dyor just my opinion and never advice

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that's very interesting and i have been unfortunately a part of companies like that before, can you give me any other examples of companies who are doing this at the moment?
is AZL or RCR one of them?

AUZ Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $16.78M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.1¢	$172.3K	13.93M

Buyers (Bids)

No.	Vol.	Price($)
1	31961	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	2858718	6

View Market Depth

No.	Vol.	Price($)
1	31961	0.012
15	35460811	0.011
11	11139476	0.010
8	11110555	0.009
12	7341361	0.008

Price($)	Vol.	No.
0.013	2858718	6
0.014	3784514	12
0.015	2686028	11
0.016	5713497	19
0.017	4825979	13

Last trade - 16.10pm 14/11/2024 (20 minute delay)

AUZ (ASX) Chart