This is where and how money is made. You take a company like AUZ with a very low enterprise value, give or take $5-6m for an overall market cap of $11m.
Right next to AUZ's landholding, is BRE with $340m market cap. You can now see the potential for AUZ to appreciate in value. Bags and bags. It's not rocket science either, a simple formula.
This announcement suggests we're clearly onto something in Brazil.
Ann: Saprolite Clays & outcropping Charnockites identified, page-26
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $432 | 47.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 17084920 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6446525 | 21 |
View Market Depth
| Last trade - 10.37am 07/06/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 0.9¢ | 600000 | ||
| Last updated 15.18pm 07/06/2024 ? | |||||
| AUZ (ASX) Chart |