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.
This is where and how money is made. You take a company like AUZ...
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Last
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Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.1¢ | 0.9¢ | $24.74K | 2.474M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 630547 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 6896339 | 18 |
View Market Depth
| Last trade - 15.30pm 17/05/2024 (20 minute delay) ? |
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Last
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Change
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 328083 | ||
| Last updated 15.30pm 17/05/2024 ? | |||||
| AUZ (ASX) Chart |