OAU 0.00% 0.5¢ ora gold limited

Ann: Trading Halt, page-26

  1. 33,228 Posts.
    lightbulb Created with Sketch. 1681
    If they do a placement they should really do a consolidation at the same time , as liquidity is screwed when any order results in a 20% jump or fall in share price from .04 to to .05 , and while they are at it , buy back unmarketable parcels of shares and a non commission based buy back on any holdings less than $2000.00 to tighten up the registry .

    Crown prince (MOB) has a resource of 55K oz at , say $150 an oz that would be worth $7M , and how long is a piece of string for what this recent South East Body (SEB) is worth , maybe $5M without a resource statement , and a stab in the dark 30k oz close to surface but with a lot of potential as open at depth , their other prospects maybe $2M, and it would be worth $500K as a shell, $2M in bank so the company is fairly valued at around $17M ?

    These tiddler company management , have to work harder than most of the bigger fat cat mining companies as they do not have the human resources or mining software so on that basis I will cut the company some slack for the many mistakes in their ASX releases , as the exploration results at SEB are starting to look good .
    Last edited by plough: 05/07/23
 
watchlist Created with Sketch. Add OAU (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $29.03M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $559 111.8K

Buyers (Bids)

No. Vol. Price($)
16 7814884 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 45741906 28
View Market Depth
Last trade - 15.51pm 09/05/2024 (20 minute delay) ?
Last
0.5¢
  Change
0.000 ( 9.09 %)
Open High Low Volume
0.5¢ 0.5¢ 0.5¢ 529067
Last updated 14.53pm 09/05/2024 ?
OAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.