AUZ 11.1% 0.8¢ australian mines limited

Yeh that's a good possibility but from the words spoken by the...

  1. 518 Posts.
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    Yeh that's a good possibility but from the words spoken by the new CEO whilst he is optimistic it leans to a very slow return with the change in plans again, which I am not against albeit another 2 years would be the time frame given the current World situations and impending recessions across the globe, USA going further into the doldrums are we immuned don't think so.

    Anyways what will happen next is Auz will be pumped a bit to stabilise its SP before the next CR then the dilution starts again, tipping those who have shares will be devasted again whilst there could be some good buying opportunities once the raise price is determined for those wanting in imho it maybe 5.5cps for the raise, how successful will that be depends on whether the new CEO us open and honest or if his just another bad egg that has joined the other rotten eggs the next announcement will tell as holder's are very cautious even with the new CEO on board an with a bit of luck the other bad eggs get their just deserts and are removed at the upcoming AGM.

    Its time to rid ourselves/shareholders/owners of the stench still roaming our offices by Voting No to all Resolutions.
 
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