AWJ 0.00% 26.0¢ auric mining limited

Good close today, no moves that were significant but buyers have...

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  1. 861 Posts.
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    Good close today, no moves that were significant but buyers have finally started lining up which is a positive. I suspect there are still some sellers trying to push the price down before the gold sales news which will come either this or next week (gold already delivered - just need to refine and sale).

    Seems like they're going ahead with the sale imminently. Personally I would of liked them to wait until the spot price is higher (peaked off last month), but an injection of cash into the company will help them further their other gold exploration project.

    Personally, this company still very undervalued ~26M MC, with 4.1 million in bank last quarterly and a conservative 2 million coming in the later weeks from the gold spot sale. At the very minimum with the next announcement I expect to see 20s as a base.
 
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Last
26.0¢
Change
0.000(0.00%)
Mkt cap ! $38.64M
Open High Low Value Volume
26.5¢ 28.5¢ 26.0¢ $299.0K 1.106M

Buyers (Bids)

No. Vol. Price($)
1 11537 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 50000 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
AWJ (ASX) Chart
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