2.7 billion shares doesn’t give the company a lot of room to move.
I’m sure they will use shares to raise funds needed for the next stage.
Easy to allocate a few hundred million at a discount to get some cash.
I have to say that all of the companies I’ve been involved with over last 25 years consolidation hasn’t been kind to the share price.
2 went belly up.
Both arguments have merit.
that said
im pro consolidation, let’s roll the dice.
AUC is a gamble guys we all know this.
educated gamble?
let’s hope so.
cheers
LJ
2.7 billion shares doesn’t give the company a lot of room to...
-
- There are more pages in this discussion • 187 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.5¢ |
Change
0.050(13.0%) |
Mkt cap ! $154.9M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 43.5¢ | 39.5¢ | $494.8K | 1.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3150 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 44421 | 1 |
View Market Depth
| Last trade - 15.56pm 30/08/2024 (20 minute delay) ? |
| AUC (ASX) Chart |