AUZ 14.3% 0.8¢ australian mines limited

One would think your buying at the price stated is not very...

  1. 518 Posts.
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    One would think your buying at the price stated is not very smart investing because unless the company come out with some beefed up bull crap announcement to pump the SP along the likely raise will be around 5.5cps to 5.8cps based on current SP
    and as the company is in very dire straights they might throw some freebies into the raise to make it more attractive much like putting lipstick on a pig but no matter how much lipstick you use its still a pig, especially with the current hierarchy in Ramsden Marinelli and Co still there.

    Also normally after a CR 95% of company's shares prices retreat to the raise price so buying at 6.7 seems to be paying overs given the position and likely raise price by the company not to mention the further dilution in those shares already purchased by investor's, imo.
 
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Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $760 94.97K

Buyers (Bids)

No. Vol. Price($)
40 10196179 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 473959 8
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Last trade - 10.00am 27/06/2024 (20 minute delay) ?
AUZ (ASX) Chart
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