asf, The maths are starting to become even more difficult. Firstly what are the assets being purchased really worth? These assets include mostly unproven exploration ground, a low grade gold reserve and a mothballed processing plant. Sandfire, Oz Min independantly and others passed on the deal. How do you mathematically calculate the loss of shareholder value in what must be one of the most heavily discounted issues/placement/purchase considerations ever made? How do you calculate the negative value from a loss of credibility?
This deal looks increasingly like a big roll of the dice engineered by people who are not accountable for failures.
Big investors and insto's who would ultimately be required for 'Jason and the Argonaughts' vision of the golden fleece to be realised will now be very wary of investing in this company under it's present direction what ever it's prospects.
- Forums
- ASX - By Stock
- AUR
- Ann: Trading Halt
Ann: Trading Halt , page-42
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
Add AUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.336M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1439907 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 11086 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1439907 | 0.006 |
8 | 2217032 | 0.005 |
2 | 650000 | 0.004 |
2 | 800000 | 0.003 |
3 | 1750000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 11086 | 1 |
0.008 | 3058180 | 2 |
0.009 | 140000 | 1 |
0.010 | 994315 | 3 |
0.011 | 75000 | 1 |
Last trade - 16.12pm 02/08/2024 (20 minute delay) ? |
Featured News
AUR (ASX) Chart |
Day chart unavailable