AIS 4.76% 20.0¢ aeris resources limited

Ann: QUARTERLY ACTIVITIES REPORT - MARCH 2024, page-37

  1. 11,436 Posts.
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    I have been very hesitant to purchase anymore AIS stock since the share price demise and catastrophic failures of management which started a couple of years ago, but I now think that now is as good a time as ever to think about averaging down. I do not think the quarterly deserved a 15% red day response at all. So, I am going to put in an order tomorrow around 25c. Copper prices are in complete bull mode, the quarterly showed signs of cost reduction and performance improvement during a quarter which was mostly before the Cu price recovery. I think the market is not thinking medium to long term here with the massive paydown of debt and complete business reversal which will 100% take place if Cu prices stay at these levels or higher. I have been waiting for a sign to average down and this appears to be it Imo.
 
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20.0¢
Change
-0.010(4.76%)
Mkt cap ! $193.5M
Open High Low Value Volume
21.0¢ 21.5¢ 19.5¢ $722.7K 3.517M

Buyers (Bids)

No. Vol. Price($)
10 387041 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 185683 7
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