AOU is a real head scratcher. Certainly the fear in broader market (media and COVID variants), seeing a lot of people take risk off.
My geologist contacts in WA reckon the 12.5m pretty much leans Nepean towards being commercially viable, so this selling is perplexing.
I don't see AOU as one of those stocks anymore that will be a multi-bagger on news, its a hard slog stock now, think t will go higher, but its had plenty of opportunities to rally and just can't. Have to ask the question what type of news changes this fact? Don't know.
I'm a holder, because it does seem cheap here, but its not a priority stock for me anymore. DYOR & GLTAH
Ann: SUCCESSFUL CAPITAL RAISING TO ACCELERATE NICKEL EXPLORATION, page-37
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Last
3.2¢ |
Change
-0.006(15.8%) |
Mkt cap ! $21.19M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.2¢ | $32.90K | 997.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 597986 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 210000 | 2 |
View Market Depth
| Last trade - 15.32pm 04/07/2024 (20 minute delay) ? |
| FBM (ASX) Chart |