AUZ 14.3% 0.8¢ australian mines limited

Ann: Trading Halt, page-46

  1. 2,060 Posts.
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    I think it should be mentioned that at the last AUZ capital raise there was a very strong capital market downturn. That in my opinion greatly affected the final outcome.

    To ignore that in my opinion is ignorance and single sided.

    I can't predict this one but if what Nolan said is correct about 5.9 cents and 1/2 an option this is something I would go for.

    For example, I have just participated in a capital raise in another speculative share I am invested in. Discount price was 3 cents and free options. If I wanted I could make profits immediately and still have the free options. However as usual, I will be waiting for the dividends regardless of how long it takes.

    If you and red overinvested in a speculative share such as AUZ you both need to take some responsibility. That is what adults do. I don't know your circumstances and don't need to but if you both had diversified as recommended by the scholars then maybe you could let go easier?

    Stress is not good and I hope you both recover.

    All in my opinion and not investment advice.

    Do your own research.




 
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Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $965 123.5K

Buyers (Bids)

No. Vol. Price($)
46 22282501 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 985192 8
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Last trade - 15.40pm 09/08/2024 (20 minute delay) ?
AUZ (ASX) Chart
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