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rur

2,171 Posts.

192

01/08/23

10:44

Post #: 69096035
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Originally posted by BerserkWarrior ↑

Careful for what you ask for re debt in high cost/low margin operations. It doesn't take much by way of either commodity price fluctuations or increase in costs or left field one-offs like the seismic problems for things to spiral quickly to the point of "goodnight". I don't like dilution at these levels but it's far safer for the ongoing viability of the enterprise than the risks associated with debt funding high cost/low margin operations. That said, it swings both ways of course & if copper/gold keep climbing then the debt option looks very appealing. Who knows which way it goes?

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Yes agree with what you’ve said BW. All good points. Yes who knows which way it goes. All hinges on commodity prices.

AIS Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 31.5¢		Change 0.025(8.62%)		Mkt cap ! $280.5M

Open	High	Low	Value	Volume
29.5¢	31.5¢	29.5¢	$1.467M	4.802M

Buyers (Bids)

No.	Vol.	Price($)
14	828674	31.0¢

Sellers (Offers)

Price($)	Vol.	No.
31.5¢	281105	10

View Market Depth

No.	Vol.	Price($)
14	819000	0.310
17	578622	0.305
17	410877	0.300
13	705024	0.295
10	500499	0.290

Price($)	Vol.	No.
0.315	102483	8
0.320	410631	14
0.325	279935	10
0.330	422894	14
0.335	156332	6

Last trade - 10.38am 16/05/2024 (20 minute delay)


Last 31.5¢			Change 0.025 ( 8.10 %)
Open	High		Low	Volume
29.5¢	31.5¢		29.5¢	2423577
Last updated 10.56am 16/05/2024 ?

AIS (ASX) Chart

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