AIS 7.41% 29.0¢ aeris resources limited

Ann: INVESTOR PRESENTATION - 121 MINING INVESTMENT LONDON, page-153

  1. 1,807 Posts.
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    Hi Stevie
    Of course it's best to buy stocks low and sell them high - this is easier said than done. AIS's share price has dropped substantially recently, owing to a range of factors - many quality Cu stocks have fallen in the last 12 months eg EM2, NWC and SVY. AIS has fallen along with these and has also been adversely impacted by the dilution caused by the purchase of Round Oak.

    I can understand your frustration if you bought AIS at higher prices and the price has now collapsed.

    Having said this, it is important to remain objective. IMO Andre is excellent - he saved AIS from insolvency and IMO is worth all of +$1 mio pa. Yes, AIS is in the doghouse currently - however IMO this presents a massive buying opportunity.

    Cu's future is bright and AIS's future IMO is bright. IMO you need to look past previous trading errors and look to the future - remember, buy low and sell high. And IMO AIS is a quality Cu exposure that is currently low.

    GLTA & DYOR
 
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Last
29.0¢
Change
0.020(7.41%)
Mkt cap ! $280.5M
Open High Low Value Volume
27.5¢ 29.8¢ 27.5¢ $2.834M 9.862M

Buyers (Bids)

No. Vol. Price($)
2 38000 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 350016 8
View Market Depth
Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
Last
29.0¢
  Change
0.020 ( 9.43 %)
Open High Low Volume
28.0¢ 30.0¢ 28.0¢ 5607852
Last updated 15.59pm 15/05/2024 ?
AIS (ASX) Chart
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