The big problem with AZY, regardless of results is the number of shares on issue with a heap of options floating around in the background @ 2c.
Just off the top of my head,(without going into my online trading app) around 4.1B shares on issue meaning every 0.1c gain is 4.1 million in MC.
Lets assume they are around a 50% discount to their true MC should be, still only gets you just over the 2c mark. This then gets you into the territory where the options come into play.
Good idea to average down costs, but the saps like me that got in when they were 3-6c range trading have no hope short of putting in more capital.
Still a believer, but need to do a 10:1 at some point in the near future.
The big problem with AZY, regardless of results is the number of...
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Last
1.2¢ |
Change
-0.001(4.17%) |
Mkt cap ! $47.55M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $18.43K | 1.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 12477568 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 10493419 | 8 |
View Market Depth
| Last trade - 13.22pm 29/04/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
-0.001 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.1¢ | 163833 | ||
| Last updated 14.05pm 29/04/2024 ? | |||||
| AZY (ASX) Chart |