AUZ

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0.8¢ australian mines limited

I’ve been thinking the same myself. Question is, will the pull...

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Dazza1234

2,487 Posts.

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21/06/18

07:35

Post #: 33843699
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Originally posted by vintage ↑

No need to fret! There will be plenty of opportunities to buy more. Most of the punters here haven't a clue - clearly haven't been in the markets that long.

At this end of the market there is always the 'sell on the news" factor, so if the BFS does push the SP to 12c or more it will only be momentary and you will get yr chance as it comes back down.

Also I don't think most understand just how competitive this whole EV industry is going to be and how margins are going to be squeezed at every level.

The easy money was made in the quick run from 1 to 15c when it had become patently obvious that the stock was seriously undervalued. It is going to be a harder slog from here.

That's not to say the company won't do well in the long term. It may well do as long as it negotiates the still considerable hurdles and has a sufficient quality resource to ensure profitability. It just won't create the overnight windfall that so many here expect it to do.

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I’ve been thinking the same myself. Question is, will the pull back after the bfs be like catching a falling knife? Or will it trade sideways until production.

AUZ Price at posting: 10.3¢ Sentiment: Sell Disclosure: Not Held
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Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$18.49K	2.311M

Buyers (Bids)

No.	Vol.	Price($)
27	4996323	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	2511425	13

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No.	Vol.	Price($)
26	4816323	0.008
29	9288579	0.007
14	5833558	0.006
8	4210000	0.005
6	4100000	0.004

Price($)	Vol.	No.
0.009	2011425	12
0.010	3987642	22
0.011	6386784	19
0.012	5415576	9
0.013	1850000	4

Last trade - 16.10pm 02/08/2024 (20 minute delay)

AUZ (ASX) Chart

I’ve been thinking the same myself. Question is, will the pull...

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

GreenX picks up prospective copper project in Germany

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I’ve been thinking the same myself. Question is, will the pull...

Top Stories

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Westgold sets its sights on top five producer status through merger with Karora

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