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6.45%

9.9¢ australian gold and copper ltd

Shares on issue: 222,222,222 (after AGM and investor approved)...

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rusty388

1,984 Posts.

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24/10/23

22:08

Post #: 70516144
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Originally posted by Wack: ↑

Morning all.
Yes @pedro66 It is like watching paint dry atm.
A great benefit of that is that we get to buy shares from the impatient.
I was fortunate enough that a mate of mine was watching stk when they sold Millrose and pocketed $61m
What was so significant was the negative ev that took place.
I wasn't watching but as soon as I was told, I bought in.
That proved to be great buying.
Why do I bring that up?

Here we sit with a penny stock that has mc of ~$6.5m yet $2m in the bank.
Soon we will have $12m in the bank.
Hello! that give us a negative ev just like what stk had.
Again, like them, we have excellent targets and about to drill them.
Plenty of firepower so somewhat unrestricted to follow up positive result with no CR for now.

I really enjoyed watching this and highly recommend it to holders or even those investing in the area.

Sit on your hands and leave the sell button alone if this appeals to you.
It does to me.

Kind regards, Wack.

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Shares on issue: 222,222,222 (after AGM and investor approved)

SP: $0.08 (we'll use this because it's just below raise price and SP will likely return there in the near future)

Market Cap: approx $18m

Cash: $10m + approx $1.5m = $11.5m

EV: approx $6.5m

AGC Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 9.9¢		Change 0.006(6.45%)		Mkt cap ! $20.66M

Open	High	Low	Value	Volume
9.7¢	10.0¢	9.4¢	$16.94K	171.3K

Buyers (Bids)

No.	Vol.	Price($)
2	193975	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
9.9¢	14553	1

View Market Depth

No.	Vol.	Price($)
2	193975	0.095
1	35000	0.094
4	221583	0.093
1	400000	0.092
1	909615	0.091

Price($)	Vol.	No.
0.099	14553	1
0.100	264041	5
0.105	64162	2
0.110	325000	3
0.120	13195	1

Last trade - 13.19pm 03/05/2024 (20 minute delay)


Last 10.0¢			Change 0.006 ( 5.26 %)
Open	High		Low	Volume
9.4¢	10.0¢		9.4¢	109537
Last updated 13.11pm 03/05/2024 ?

AGC (ASX) Chart