AUC 2.04% 50.0¢ ausgold limited

Ann: Trading Halt, page-43

  1. alh
    1,493 Posts.
    lightbulb Created with Sketch. 145
    Silv, I think the time for small cap raises to tide them over for 6 to 12 months have got to end, we are at a stage where the numbers are big, big enough to attract serious institutions, I think you will see a huge raise here, to attract a big feeder they will want value, say 3 to 3.2c, big institutions do not like bloated share registries so don’t be surprised if there is a capital restructure.

    if the above happens this will be a huge reset for AUC that will see us all rewarded long term, as I said, the quality of the investors in this raise will indicate the strength and future of our investment.

    We have hung in this long for a reason, any institution coming on board will be able to see what we have seen over the years.

    ALH.
 
watchlist Created with Sketch. Add AUC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.