You have to be kidding yourself, four cents by Christmas !!!!!
The answer to your question is YES.
I am doing my due diligence on cobalt plays.
AUZ, two point one four billion shares on issue.
MTC, seventy six point two five million.
EUC, seven hundred and twenty four point five six million.
BMT, forty seven point two seven million shares on issue.
Yet to check out others.
The point is, if you buy cheap, they usually stay cheap.
The only thing i don't like about AUZ is the shares on issue.
Their tenements seem too good to be true.
So to management, consolidation is a must, approximately ten percent.
This will reduce the shares on issue to two hundred odd million shares,
the share price will rise to thirteen cents, and you as share holders will lose
ten percent of your holdings.
EASY.......................................
I do like AUZ, but, i think the share price will fall further.
The high of AUZ share price was THIRTY FIVE CENTS, way back on the 31st May 2007.
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Last
0.8¢ |
Change
0.001(7.14%) |
Mkt cap ! $10.48M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $7.5K | 1M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 24787451 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2474050 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 24787451 | 0.007 |
31 | 44904222 | 0.006 |
12 | 3981699 | 0.005 |
9 | 6584859 | 0.004 |
2 | 2400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2474050 | 13 |
0.009 | 5216204 | 14 |
0.010 | 2720204 | 18 |
0.011 | 2015770 | 12 |
0.012 | 4297167 | 7 |
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