Company is still looking like value compare to peers, shares flushing through are likely all the stale Mako holders who had gotten screwed over for years now. Without a doubt some early holders who are sitting on bags would also be selling, thats how the stock market works. Gold price is up yep, but many producers are trading at very low multiples still as always, and interest rates are still high so speccy explorer end of the market has barely moved in most cases, a space this company is in.
If you actually hold ....sell? all you do is complain and have a negative outlook. May aswell pack up and move onto something else.
Use logic and look at the chart and youll see so far share holders have gotten great returns on this company. Raising here is better than waiting for a potential drop in gold price and raising lower. Move cash for the drills, more results. grow the company to produce.
AUE Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
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